Red Med Capital, because of its independence from banking institutions, places the issues of its clients at the heart of its concerns and offers adapted and personalized solutions.
An independent group
In 2022, the geostrategic context was characterized by the end of an unprecedented health and socio-economic crisis, a war in Europe (Morocco’s main partner), and significant macroeconomic turbulences, calling for new balances.
In this context, Morocco has shown resilience and sustained its efforts towards economic recovery by heavily utilizing the state budget to mitigate the impacts of inflation, maintain the levelpace of public investments, and support national and international private investments through a particularly incentivizing new Investment Charter.
The private investments projected by 2026, namely 550 billion Dirhams, will require more than ever a massive and optimal mobilization of the country’s various sources of financing. Hence, financial operators must fulfill their role in supporting the expected economic growth, particularly through innovative financing solutions and backing the development of new economic sectors and new national leaders.
As part of its commitment to foster the growth of the Moroccan industrial sector, Red Med Private Equity has recently concluded the closing of its Colombus 1 Fund and made its first investment in the agri-food industry. The firm is planning to make further investments by the end of 2023, along with a second round of fundraising to achieve the fund’s target size of 900 million Dirhams.
In addition, despite the difficult situation in the capital markets, Red Med Asset Management has demonstrated its resilience by achieving outstanding relative performances. The brokerage firm Red Med Securities, which was acquired by the Group in 2021, has successfully completed its investment program and has implemented the necessary operational and human resources to become a key player in the Casablanca stock market. Thanks to the group’s synergies, it has become a leader in private debt financing operations through capital markets in 2022.
The Group’s Corporate Bank, for its part, successfully closed a mergers & acquisitions operation in the education sector while continuing to support major national and international groups in the renewable energy and green hydrogen sectors. Indeed, Red Med Corporate Finance is convinced that the sustained interest of international developers for large-scale green hydrogen projects amounting to tens of billions of euros represents a “game changer” for our economy. Several indicators support the unique opportunity to transform Morocco into a significant exporter of green energy in the form of electricity, molecules, or decarbonized energy-intensive products, in line with the pioneering Royal vision at the global level.
Finally, Red Med Capital is pleased to announce in 2022 the establishment of its new subsidiary, Red Med Real Estate. RMRE’s primary objective is to contribute to the growth of the real estate sector by providing structuring, development, and management services for real estate projects. Hence, the real estate industry has emerged as a significant driver of economic development.
Thus, Red Med Capital, which has completed and strengthened its range of products across all investment banking and financing businesses, actively participates in this recovery process relying on its independence, strong values, expertise, and in-depth knowledge of the economic and regulatory ecosystem of Morocco.