Services
Funds
As of October 2008, Beltone Private Equity had assets under management of E£ 1.6 billion, to capture and mobilize the synergies between Beltone Private Equity's financial investment expertise and its industrial operational knowledge. E£ 1.5 billion was under management at the closing of Beltone Capital, Beltone Investment Group, Beltone Retail, and a specialty real estate project.
| Beltone Capital | Beltone Capital, our first fund, was established in the second half of 2006, with EGP 466 million raised to invest in Egyptian companies with strong, capable managements, privatization and turnarounds | 466 m NAV 539m E£ raised |
| Beltone Investment Group | Beltone Investment Group, a buuyout fund, was established in December 2006. It has EGP 418 million fully invested in a controlling stake in a leading real estate development company with one of the biggest land banks in Egypt | 418 m NAV 539m E£ raised |
| Beltone Retail | Beltone Retail has EGP 317 million committed to consolidate successful retail operations and franchises in Egypt | 317 m E£ recommitted capital under establishment |
| Specialty Real Estate | Beltone Private Equity manages a specialty real estate project with a total of EGP 308 million paid-in, to acquire and refurbish historical real estate assets | 308 m E£ raised |
| Beltone MidCap | Beltone is in the process of launching an SME fund, Beltone MidCap, in partnership with SIGEFI, the management arm of Siparex Group, a leading French private equity specialist in SMEs | 30 m USD expected in first closing under establishment |