CI Capital, Compass launch Egypt’s 1st onshore private equity fund
Updated 3/3/2025 10:11:00 AM
Arab Finance: CI Capital Holding and Compass Capital for Financial Investments jointly launched C3 Capital Fund 1, Egypt’s first onshore private equity fund, with a target size of EGP 3 billion at final close, according to an emailed press release.
C3 Capital Fund 1 will invest in EGX-listed equities, deploying a Private Investments in Public Equities (PIPE) strategy, managed by C3 for Fund Management.
The Financial Regulatory Authority (FRA) approved the fund’s financial closing on March 2nd, 2025, with commitments reaching EGP 1.8 billion from leading institutional investors, in addition to family offices and high net-worth individuals.
Ahmed Hussin, CEO and Fund Manager of C3 for Fund Management stated: “C3 Capital is strategically positioned to capitalize on these market discrepancies, aiming to unlock the hidden value by applying a private equity investment strategy to publicly listed entities.”
“This involves targeting fundamentally strong companies and generating value through strategic insight, operational support, and financial guidance,” Hussin elaborated.
CI Investment Banking (CIIB) acted as an advisor for the transaction, while Zaki Hashem & Partners served as the legal advisor.
Meanwhile, Zulficar & Partners represented the institutional investors as their legal advisors.
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