Funds | Africa Assets

Wednesday 22 May 2013

US Brewery Scion Fundraising for Africa PE Fund Tuesday, 7 May 2013 John Coors, the great grandson of the founders of US American brewery Coors,is reportedly planning to raise a USD300m fund,One Thousand & One Voices, for private equity investments in Africa. He aims to raise the funds from wealthy families in the US... Read more about US Brewery Scion Fundraising for Africa PE Fund Comments Quick view	Carlyle Beef up Energy Team Monday, 6 May 2013 Reuters report that Carlyle Group have hired six people to establish their own energy investment team after an 11-year co-operation with Riverstone Holdings ended in 2011. Both companies had jointly launched six funds focused on buyouts in the energy and... Read more about Carlyle Beef up Energy Team Comments Quick view
XSML’s Central Africa SME Fund Reaches USD19m Final Close Friday, 26 April 2013 Dutch fund manager XSML have announced the final close of USD19m of their Central Africa SME Fund (CASF) after two existing investors, Dutch DFI FMO and Lundin Foundation, increased their commitment. XSML’s CASF invests in the Democratic Republic of... Read more about XSML’s Central Africa SME Fund Reaches USD19m Final Close Comments Quick view	Ghana’s VCTF Finalising Funding from China’s Exim Bank Friday, 1 March 2013 Ghanaweb reports that the Venture Capital Trust Fund (VCTF) say they are in the process of finalising a USD150m financing agreement with China’s Exim Bank. VCTF is then expected to use this funding to obtain more commitments from DFIs. Founded in 2004,... Read more about Ghana’s VCTF Finalising Funding from China’s Exim Bank Comments Quick view
Amethis Finance Announce First Close of USD150m Thursday, 28 February 2013 And another new kid on the block: Amethis Finance, managed by Amethis Advisory, have announced their first close of USD150m in December 2012 as well as the approval of OPIC’s board for a USD150m credit facility of a maturity of up to 13 years. In addition... Read more about Amethis Finance Announce First Close of USD150m Comments Quick view	Jacana Partners and InReturn Capital Announce Merger, USD75m SME Fund Tuesday, 29 January 2013 SME-financiers Jacana Partners have announced the merger with Nairobi-based InReturn Capital, also an SME-focused PE firm, after having co-operated on a less formal basis for the past three years. The merger, under the Jacana brand, is expected to be... Read more about Jacana Partners and InReturn Capital Announce Merger, USD75m SME Fund Comments Quick view
South African Ethos Raise USD800m Fund Thursday, 24 January 2013 South African private equity firm Ethos have raised USD800m for their Fund VI, exceeding their initial USD750m target. The firm noted that for the first time, they were able to attract investors from Asia, reflecting growing interest in... Read more about South African Ethos Raise USD800m Fund Comments Quick view	PAHF Announce First Close of USD41.5m Thursday, 20 December 2012 The Phatisa-managed Pan African Housing Fund (PAHF) has announced its first close of USD41.5m. The fund aims to raise a total of USD100m, with fundraising to be completed in 2013. The African Development Bank (AfDB) had earlier committed USD7m to the fund... Read more about PAHF Announce First Close of USD41.5m Comments Quick view
Jacana: New Mezzanine Fund, New Markets? Tuesday, 11 December 2012 Jacana Partners, currently in the process of fundraising for their new USD50m to USD75m fund, have said in an interview with AltAssets that they are planning to invest this new vehicle in mezzanine deals, reflecting the difficulties of making profitable... Read more about Jacana: New Mezzanine Fund, New Markets? Comments Quick view	SA’s Technology Innovation Agency to Set Up ZAR100m VC Fund Sunday, 2 December 2012 South Africa’s Technology Innovation Agency (TIA) has approved ZAR100m for a venture capital fund that is, however, intended to act as a fund of funds: according to Ventureburn, TIA – smart choice of acronym? – will invest this sum in at least three... Read more about SA’s Technology Innovation Agency to Set Up ZAR100m VC Fund Comments Quick view

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