TLG Capital and UGFS target €39m in Tunisia for first North African fund
The Empower Fund, launched by the Tunisian Caisse des dépôts, has completed its first closing.
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▪ TLG Capital and UGFS target €39m in Tunisia for first North African fund
▪ The Empower Fund, launched by the Tunisian Caisse des dépôts, has completed its first closing.
▪ https://www.africabusinessplus.com/en/814582/tlg-capital-and-ugfs-target-e39m-in-tunisia-for-first-north-african-fund/
“The total size of the fund should be D100 million, and we have just completed the first closing at around 50% of that amount,” Mohamed Salah Frad, managing director of United Gulf Financial Services North Africa (UGFS), told Africa Business+. “But we believe we can ultimately raise 30% more.”
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