VOL. XLII

No. 25

21-June-1999

GENERAL

EFG-Hermes Eyes High-Growth Companies For MEDA Fund

The Asset Management division of EFG-Hermes has announcedthat it is launching a regional investment fund to invest in the equity marketsof the Middle East and Developing Africa (MEDA). The fund will target companiesheading for privatization and high-growth private sector companies that haveyet to realize their value. "The countries that were investing in at theoutset include Morocco, Tunisia, Egypt,...