Enko Capital Managers has announced it will start fundraising for its successor fund Enko Africa Private Equity Fund II (EAPEF II) with a target of $150 million.

Enko is a private equity investor targeting mid and small-cap growth companies across Africa.

The firm’s first fund, EAPEF, is a $63 million private equity vehicle established in April 2014 for the purpose of investing in growth companies in Africa across a broad range of economic sectors.

Reach Africa’s ...