SME Fund of Fund

TAEF invests in large cap SMEs through several innovative financing approaches.

TunInvest Croissance

TAEF found an exceptional local partner in AfricInvest, a Tunisian based private equity firm investing throughout Africa. Their Tunisian-specific fund TunInvest Croissance is targeted at mid to large sized SMEs. TAEF joined this local partner, taking a 15.5% share in the fund to diversify and increase its impact on this range of SMEs. TAEF also has the option of providing follow-on investments to any TunInvest Croissance SMEs that need additional financing to fund growth. Note that TunInvest Croissance is fully invested. Click on this link to know more:

INMA Holding

TAEF is an investor in the newly formed private equity fund INMA that targets larger Tunisian SMEs poised for growth but constrained by financing. This fund is similar to our earlier Investment in TunInvest Croissance. Investment in INMA is consistent with our strategy of partnering with local financial institutions.