Private Debt Funds
Our private debt funds specifically address the substantial funding gap by providing timely acquisition finance and growth capital to mid-market companies unable to access bank lending.
CIFAD Credit Opportunities Fund, L.P.
Fund I provides bespoke, private debt-based financing solutions to mid-market companies, private equity buyout investors and management-led sponsorless transactions in need of development financing or debt restructuring solutions in the Middle East, North Africa and Turkey. Fund I invested in eight companies in three years and is fully committed. The fund has successfully exited two investments. Mezzanine financing is appropriate for a wide range of investment opportunities including acquisitions, leveraged buyouts, growth capital, and balance sheet recapitalization.
CIFAD Credit Opportunities Fund II, L.P.
Fund II continues the successful strategy of Fund I, private debt investing in mid-market companies in the Middle East, Turkey with expansion into Africa. The investors in Fund II include a significant number of regional and international limited partners, comprising of sovereign wealth funds, pension funds, foundations, insurance companies and family offices. Fund II held its final closing in December 2016, over its target cover of US $250 million. As of December 2018, Fund II has seven investments and is more than 60% committed.
