STANLIB final closes infrastructure PE fund at R1.2bn
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.
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.
Helios Investment Partners, a pan-African private investment firm, has raised over $1bn for its third Africa-focused fund.
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.
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.
The AfricInvest Group has first closed its multi-sector private equity fund AfricInvest Fund III with a size exceeding €154m ($194.83m) in capital commitments.
Synergy Private Equity Fund has announced its first close of $56.25m on September 12, 2014.