With the aim of sharing its strategic insights and creating commercial opportunities with 400+ powerful LPs and influential GPs, The EuroMena Funds will be participating in SuperReturn Middle East, the leading Private Equity & Venture Capital conference in the MENA Region.
The three-day event, which will be held from 17 to 19 October 2016 at Dubai’s Ritz-Carlton Hotel, brings together leading innovators, influential speakers and more than 120 international LPs from across the world, to a unique platform where they can engage in discussions of the hottest topics in MENA private equity landscape, share their experiences, and forge new business relationships with the biggest players in the industry.
Commenting on The team’s participation in the event, Gilles De Clerk, EuroMena’s Managing Partner, said:
“We are excited to take part in the SuperReturn Middle East 2016 Conference, where we, along with the other movers and shakers in the business, will be addressing challenges, exploring partnerships and opportunities, and practically shaping the industry’s future in the region. EuroMena’s participation in the Conference comes on the heels of the second closing of its EuroMena III Fund in June 2016, for a total consideration of $150 million, and presents a unique opportunity to demonstrate the hedging opportunity that Africa and the Levant provide for foreign investors in terms of portfolio diversification”.
He added: “The conference is also an excellent platform for the EuroMena team to showcase its proven strategy of investing in growing industries and private companies, taking our business regional, which allows us to continue creating value for shareholders, as well as having a tremendous positive impact in Africa, the Gulf, and MENA regions. This forum represents an ideal occasion to share with participants our divestment opportunities from EuroMena I and EuroMena II portfolio companies in various sectors mainly in Retail, IT, Agriculture, Printing & Packaging, Healthcare, etc.”
SuperReturn Middle East provides participants with an opportunity to source deals from attending Private Equity firms, identify co-investment opportunities, divest positions from current portfolio through trade sale to other Private Equity firms present, and meet LPs for future fund raising purposes.
The EuroMena Funds invest in private companies in the Middle East and Africa regions operating in all growth sectors and industries, and having the potential to expand from a country level to a regional one. The Fund seeks to guide and assist the management of its portfolio companies in formulating their strategy and expansion plans with the objective of forming enlarged, streamlined, efficient and more profitable Regional Leading Groups (RLGs), as well as gearing them for an optimal and profitable exit within a timeframe of 3 to 7 years from the investment date.