Amethis Fund III lands new LP
The fund has a €450 million target.
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The U.S. International Development Finance Corporation (DFC) has approved a $40 million equity investment in Amethis Fund III. Managed by private equity firm Amethis, the fund will back middle-market companies within the healthcare, financial services, energy, manufacturing and distribution sectors across Africa.
Amethis Fund III announced its first close at €140 million in July 2023. The fund has a €450 million target.
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