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SIP SICAR
SIP SICAR is a private equity based in Tunis; the Altss profile covers its classification, headquarters, registration, AUM band, and key contacts for...
SIP SICAR
SIP SICAR is a private equity firm based in Tunis, Tunisia. It focuses on a Venture Capital investment approach.
General information
Firm type
Private Equity
Location
Region
Africa
Country
Tunisia
City
Tunis
Corporate office
Tunis, Tunisia
Frequently asked questions
What is a SICAR structure, and how does it shape SIP SICAR's investment mandate?
A SICAR — société d'investissement en capital à risque — is a Tunisian regulatory vehicle created to channel investment into unlisted companies, particularly SMEs and startups. Under Law 2006-85, qualifying SICARs are exempt from corporate income tax on investment gains and dividends, provided at least 50% of their assets remain in unlisted equity. This tax treatment gives SIP SICAR a structural incentive to maintain a concentrated private-company portfolio rather than holding listed securities or real estate.
How does SIP SICAR source deals in Tunisia's venture market?
Tunisia's venture ecosystem relies heavily on personal networks, family-business introductions, and relationships with local incubators such as Elgazala Technopark. Given the absence of a public portfolio or disclosed team, SIP SICAR almost certainly sources proprietary deal flow through founder connections and co-investment relationships with other domestic SICARs and holding companies. The small market size — roughly 30 active local venture investors — means deal flow overlaps substantially across firms.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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