Siraj Palestine Fund Management Company
Posted on May 27, 2018 in 2_Country Profiles, GROWTH, IDEATION, Palestine-Growth, Palestine-Ideation, Palestine-Scale, SCALE
1. Description
Name of organization | Siraj Palestine Fund Management Company |
Typology | Private Equity |
Description | Siraj Fund Management Company (SFMC) is the first Palestinian private equity fund manager. SFMC’s first fund, Siraj Palestine Fund I, is a USD $90M fund which invested in 14 companies in 9 different sectors. SFMC’s second fund will be a similar fund with an expected first closing in late 2017 that willprovide growth capital to companies operating in Palestine, specifically those who will aplly technological advanacements and innovative solutions to grow and expand either locally or regionally. |
Location | Palestine |
Geographical scope | West Bank |
Experiences in financing eco innovative projects | N/A |
Instruments | Private Equity |
Average investment – amount | USD $5M |
2. Investor Criteria
Scope of operations – Industry/tags | Diversified sectors including financial services, healthcare, infrastructure & energy, agriculture, and industrial |
Phase of grow – business stage and target group of clients | Growth and scale |
Most important prerequisites for financing a project | All potential companies for investment will be included in a due diligence process, which includes assessing operations, finances, team, potential, and environmental, social, and governance issues. New investments should also support in job creation, specifically for the Palestinian population. |
Most important barriers that prevent financing | We do not accept if fail to pass due diliegnce process firstly, and approval of investment committee. |
Minimum investment required | minimium USD $ 2million investment |
Currently available financial products | N/A |
3. Contact details
Contact persons / emails | – |
Address and telephone | Massar Building, 8th Floor, Rawabi City Q-Center |
Web site | www.siraj.ps |