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Compass Capital, Egypt’s leading private equity firm, announced the creation of C3 Fund in partnership with CI Capital, Egypt’s leading investment bank. This closed-end equity fund specializes in investing in a selected portfolio of Egyptian listed companies.
The C3 Fund aims to have an ultimate size of EGP 3 billion, with a first close of EGP 2 billion by May 2024. More than 10 institutions and banks have already committed to participate in the fund.
The C3 Fund will acquire 10-33% stakes in 10-15 listed companies, allowing for substantial governance involvement.
Tarek Abdelrahman, Managing Partner of Compass Capital, expressed his enthusiasm for the launch: We are in a position to take advantage of this potential. ”
The C3 Fund joins Compass Capital’s impressive investment pedigree, reflecting a decade of strong returns in the Egyptian market.
With more than $1 billion in assets under management, Compass Capital invests in healthcare, education, financial services, and consumer products, generating consistently strong returns for investors.
CI Capital was named “Best Investment Bank in Egypt” by Euromoney in 2023 and offers a full range of investment banking, asset management and brokerage services.
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