AlterMed FCPR

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_x000C_AlterMed FCPR (Fonds Commun de Placement à Risques à Compartiments), the “Fund”, is a €75 million closed-end private equity fund which will make equity and equity-related investments in small and medium-sized enterprises (SMEs) located in North Africa and Turkey. Target industries will include pharmaceuticals, telecom, construction materials, consumer goods, food processing, plastics, mechanical industries, automotive parts, and logistics. AlterMed is a compartment style fund under French law, with each compartment managed as a separate fund. There are three country compartments (each a separately managed fund under one common legal framework): - AlterMed Alternative Private Equity Fund (APEF) with a target size of €30 million to invest in Tunisia and opportunistically in Algeria (up to 15%); - AlterMed Maghreb with a target size of €25 million to invest in Morocco with up to 10% in Algeria; and - AlterMed Turkey with a target size of €20 million to invest in Turkey. The objective is to provide equity capital to an underserved market segment and thereby assist in the development of 25-35 small and medium sized businesses with high growth potential in the targeted countries.