The Verdant Capital Hybrid Fund (VCHF) has reached its first closing with committed capital of $36 million. The fund is targeting high developmental impact, including job creation and income generation through SMEs and micro-entrepreneurship. The fund will be investing hybrid capital and subordinated debt instruments into inclusive financial institutions on a pan-African basis. The fund will target specialist banks, microfinance institutions, leasing, and factoring companies, fintech and othe...