Tunisia’s Fidelium Launches Two Growth Capital Private Equity Funds (MENA)

Source: Zawya  |  Author: Hussam Muhieddine

Tunisian venture capital fund manager Fidelium Finance has launched two private equity funds dedicated to small- and medium-size enterprises in the country. Fidelium Performance is a TND50 million (approximately US$33 million) fund that will invest in companies via common shares or preferred non-voting investment certificates, equity securities, convertible bonds and equity shares. Fidelium Essor II is a TND20 million (approximately US$13 million) investment vehicle that will be dedicated to regional development zones and aims to stimulate growth in peripheral and rural areas of Tunisia. Both funds are sector agnostic.