The Bank of Alexandria and Tanmiya Capital Ventures (TCV) have inked a cooperationprotocol that will effectively see Bank of Alexandria feed private equity outfit TCV potential investment candidates, while TCV will steer portfolio companies seeking bank financing to Alexbank. TCV typically looks at investments with an EGP 35-100 mn ticket size. TCV announced in March that it had reached first close on its first fund, saying at the time that it intends to invest EGP 250-300 mn this year.

Tags: