CardinalStone Capital Advisers (CCA), a Lagos based private equity fund manager, has announced the final close of its maiden private equity fund, the CardinalStone Capital Advisers Growth Fund LP (CCAGF) at $64 million.

The fund which recorded its first close in December 2018 and final close in September 2020, was established to support the growth and institutionalisation of small and medium-sized enterprises (SMEs) operating in two of West Africa’s leading economies – Nigeria and ...