European DFI commits $15m to mezzanine fund manager

Dutch development financier FMO has invested $15 million in the BluePeak Private Capital Fund, which will provide growth capital to small and medium companies in North, West and East Africa and up to 20% in the Levant.

BluePeak targets to raise $200 million in commitments and will be managed by BluePeak Private Capital which is a newly established fund manager with a head office in Tunisia. The business is owned by a team that has worked together for many years managing similar funds. This is a new relationship for FMO.

BluePeak is a specialist mezzanine fund manager, providing a blend between debt and equity financing.

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