FOURSAN CAPITAL PARTNERS II LP
Status: Approved investmentWhy disclosure?
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In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
FMO invested in Foursan Capital Partners II LP (“FCP”) managed by Foursan Capital Investment Advisors, a Jordan-based Fund Manager. FCP aims to provide growth capital to mid-sized companies primarily in Jordan with investments ranging from USD 15-20 mln.
What is our funding objective?
FMO has invested equity into FCP. Equity capital has limited availablity in Jordan. This investment is expected to have a positive impact on the growth of the investee companies of FCP and as a consequence on the creation of jobs, which is of high importance in Jordan in the light of the increasing local challenges, intensified by the refugee burden.
Why do we fund this investment?
FMO’s commitment contributed to FCP reaching the minimum required first close size, which will allow FCP to start investing in companies in Jordan. These companies are expected to create new jobs and increase the taxes paid. FMO will be involved in the governance of FCP through its LP Advisory Committee seat. FMO has made its ESG toolkit available to Foursan.
What is the Environmental and Social categorization rationale?
FMO's investment in FCP has been classified as an IFC B (medium) risk, as the investments in the pipeline are in low-medium risk sectors. Foursan has an E&S Management system in place and has appointed an ESG Manager.
Sub investments
Disclaimer
This data is updated annually so some investments might no longer be in FMO’s portfolio, while some newer investments may not yet be shown.
| Name | Country | Region | Sector |
|---|---|---|---|
| New Vison for Electronics and Electrical Appliances | Jordan | ASIA | Diverse Sectors |
| Al-Baida For Printing And Packaging LLC | Jordan | ASIA | Diverse Sectors |
- Region
- Asia
- Country
- Jordan
- Sector
- Infrastructure, Manufacturing and Services
- Publication date
- 4/12/2018
- Effective date
- 6/28/2018
- Total FMO financing
- USD 10.00 MLN
- Funding
- FMO NV
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Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - B