Consumer businesses of the Levant, built for export.
LevaNA (Levant and North Africa) is the firm’s private-markets strategy for the region, run through the Lundy Lebanon Growth Fund: a hybrid of private equity and credit that takes meaningful stakes in founder-led businesses and then works inside them.
Patient capital, close to its companies.
The Fund holds ten businesses across two platforms, one industrial and one in consumer and services, with involvement that runs from financial discipline and process to brand, production and the export capability to place product in international markets.
We take majority or significant-minority positions in equity alongside selective credit, typically for five to eight years, with operational involvement through Lundy Origin and Lundy Intelligence.
It is capital built for the region’s realities: patient, close to its companies, and underwritten to the world as it is.
Selected portfolio companies.
LevaNA companies form the producer side of Lundy Origin’s distribution book: each has a route to market in the Gulf, the UK and Europe while it matures.
| Company | What it does | Since |
|---|---|---|
| Lebgenco (Orchards of Laila) | Organic olive oil and pantry | Equity · 2023 |
| 961 Beer | Independent Lebanese craft brewery | Equity · 2022 |
| Couvent Rouge | Bekaa Valley winery | Equity · 2022 |
| Smoking Barrels | Beirut smokehouse and fine foods | Equity · 2024 |
The export-led repair.
Middle Eastern consumer-goods companies do not fit the typical private-equity timetable. The cycle from credible producer to international brand placed in the Gulf, the UK and Europe runs longer than a five-year hold. We built LevaNA for that timeline, and we built Lundy Origin so the portfolio would have a route to market while it matures.
Two kinds of capital.
Regional investors seeking the productive redeployment of hard-currency savings into real, export-earning assets; and development-finance institutions and other investors whose mandate is to sustain and grow the region’s productive base. For both, the measure is capital preserved and put to work.
Kept producing, kept exporting.
The portfolio has operated through Lebanon’s banking collapse and through conflict, and kept producing, exporting and employing. Export earnings in hard currency, held outside the domestic banking system through the fund’s offshore structure, are the model’s resilience.
Candid, in good quarters and hard ones.
Investors receive fund factsheets and the managers’ letters. We have reported through a banking collapse and a war; we believe that record of communication is itself part of the track record.
Request the latest factsheet →A group, not a scattered portfolio.
Complementary consumer and agricultural value-addition businesses with shared routes to market and shared infrastructure, toward a group with the scale to attract strategic capital and, in time, a potential public listing.
At a glance.
- Fund
- Lundy Lebanon Growth Fund SP
- Vehicle
- Segregated portfolio of the firm’s Cayman Islands platform, holding its portfolio through two Lebanese holding companies
- Inception
- 2022
- Style
- Equity alongside selective credit; majority or significant-minority positions
- Geography
- Lebanon core, with the wider Levant and selective North Africa
- Managers
- Wael Menhem and Edward Rowson
- Fund AUM
- On request
- Eligibility
- Professional clients and eligible counterparties only
Private-market investments can be illiquid and involve material operating, commodity, currency and country risks. Capital is at risk. Eligibility, availability and all investment terms are governed by the fund’s offering documents; nothing on this page is an offer.
Discuss the fund and request the latest factsheet.
Factsheets and the managers’ letters are available to professional clients and eligible counterparties.