Do you have an existing small business and need an equity partner to help you grow? Learn more about the Building Block Equity Fund – An Initiative By BADER.

Initiating the first Equity Fund focused on SMEs

Recognizing the gap in terms of Equity Financing for Small and Medium Enterprises in Lebanon, Bader took the initiative to pave the way for a successful equity fund focused at Lebanese SMEs. The Building Block Equity fund aims to raise $20M, to invest in up to 30 companies from the Services, Technology, and Traditional with potential for innovation business categories.

Bader has put together a solid team of seasoned professionals bringing in complementary skills and industry expertise: Nagy Rizk (Fund Manager), Fadi Daou (Technology Expert), and Maurice Khawam (Paris Based Equity Funding Expert). Talal El Shair (Bader member) from Dar Group, as Chairman of the fund, will make sure proper governance and best practices are continuously respected and used.

Within the last three months of 2006, Bader members have put the development of the fund on very fast track: Awareness, interest raising from the key players and mobilization of decision makers in the public sector, and well targeted media coverage generated inquiries from both investors and potential portfolio companies, and in parallel targeting international institutions to be anchor investors in the fund.

The First Closing of The Building Block Equity Fund

The Building Block Equity Fund a $20M fund focusing on Lebanese and Lebanese related Small and Medium Enterprises (SMEs) had its closing ceremony on Monday 23 July 2007. The ceremony took place at the Phoenicia hotel in presence of top executives from the European Investment Bank and Proparco the commercial arm of the Agence Francaise pour le Developpement, the two larger investors in the fund, Lebanese banks- eight of whom invested in the fund-, and various preeminent figures from the economy and investment sectors.
The closing was done at $17M to be completed to the target before the end of the year.

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The Building Block Equity Fund



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