Background
The MENA region is characterised in global terms by its mineral wealth and its high GDP and population growth rates. This mineral wealth and growth profile is driving the need for infrastructure and energy investment, which tend to grow at a multiple to the underlying GDP growth rate. Countries in the MENA region are increasingly looking to the private sector for the delivery of such infrastructure and energy services, driving the need for private sector skills and capital. The role of the MENA Infrastructure Fund is to deliver the capital and people skills over the long term and, by doing so, to generate sound investment opportunities for our investors.



Targets
The MENA Infrastructure Fund is a specialist private equity fund targeting investments in the infrastructure and energy sectors across the MENA region. The Fund acts as:
a primary sponsor or co-sponsor of infrastructure and energy projects and companies which are being tendered ("greenfield
          opportunities); or
an investor or co-investor of infrastructure and energy companies which are in development, construction or operational phases
          ("brownfield opportunities").

The primary methods of investment by the Fund are:
share capital;
shareholder subordinated debt;
mezzanine finance;
equity-like instruments.

The Fund may take majority or minority positions in the projects and companies in which it invests and will generally seek board representation, though this is not an absolute requirement.

Sector Specialisation
The Fund brings sector knowledge and financial expertise to the project and companies in which it invests as well as capital. The sectors of expertise comprise:
Transport: including airports, seaports, railways and roads.
Utilities: including power, water, waste water treatment, pipelines and networks.
Energy: including downstream oil and gas, petrochemicals, product transportation and storage.
Social infrastructure: including hospitals, schools and other public private partnerships