28 May
News > Private Equity > Fundraising
Auvest Group, a principal investor offering investment management services to institutions and family offices, has launched the Auvest MENASA Opportunities Fund I, aiming to raise between $250m and $300m.
19 May
News > Private Equity > Fundraising
The Pembani Remgro Infrastructure Fund has achieved a successful first closing of $245m, with the aim of achieving final close during 2015 at a target fund size of $500m.
29 Apr
News > Private Equity > Fundraising
Duet Group has signed a partnership agreement with Bouygues Batiment International to establish Duet Africa Hotels, a vertically integrated hotel investment, development and asset management company, with an initial target equity raise of $200m.
28 Apr
News > Private Equity > Fundraising
Bamboo Finance, a private equity firm specializing in investing in business models that benefit low-income communities in growth markets, has closed its second financial inclusion focused fund at $31m.
13 Apr
News > Private Equity > Fundraising
The Abraaj Group has final closed its Africa Fund III, a third dedicated Sub-Saharan Africa private equity fund, at $990m, receiving support from a diverse range of global institutional investors, pension funds, sovereign wealth funds and development finance institutions.
2 Apr
News > Private Equity > Fundraising
IFC, a member of the World Bank Group, has announced the first closing of the IFC Financial Institutions Growth Fund (FIG Fund), committing $150m to the fund.
1 Apr
News > Private Equity > Fundraising
Development Partners International (DPI), a $1.1bn Africa-focused private equity firm, has raised $725m for its second pan-African fund from a range of institutional investors, exceeding its $500m target.
26 Mar
News > Private Equity > Fundraising
Carlyle International Energy Partners (CIEP) is planning to invest around 10% to 20% of the $2.5bn fund’s capital in oil and gas industry in Africa, according to The Carlyle Group, a global alternative asset manager.
19 Mar
News > Private Equity > Fundraising
Xterra Capital Advisors, a corporate finance and private equity advisory firm registered in Mauritius, has launched the Xterra Africa Property Development Fund, aiming to raise $300m from international investors.
16 Feb
News > Private Equity > Fundraising
The ARM-Harith Infrastructure Fund (ARMHIF) has raised $91m at the first close from AfDB and a number of Nigerian pension funds, according to ARM-Harith Infrastructure Investment, a joint venture between Asset & Resource Management Company (ARM) and Harith General Partners of South Africa.
26 Jan
News > Private Equity > Fundraising
STANLIB, a South African multi-specialist investment company, has reached a final close of its first private equity infrastructure fund, raising R1.2bn ($104.8m) in total commitments.
12 Jan
News > Private Equity > Fundraising
Helios Investment Partners, a pan-African private investment firm, has raised over $1bn for its third Africa-focused fund.
11 Jan
News > Private Equity > Fundraising
The Moringa SICAR, an agroforestry sector investment vehicle, is aiming to achieve a final close in February 2015, according to Clément Chenost, Technical Director at the Moringa Partnership, the investment advisor of the fund.
3 Nov
News > Private Equity > Fundraising
Warburg Pincus has announced the closing of Warburg Pincus Energy at $4bn, surpassing its fundraising target of $3bn and reaching the fund cap agreed with investors.