European LP backs Adenia Capital fund

Swiss development finance institution SIFEM has committed $15 million to the Adenia Capital V fund, a pan-African private equity vehicle that focuses on investing in mid-sized companies.

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Swiss development finance institution SIFEM has committed $15 million to the Adenia Capital V fund, a pan-African private equity vehicle that focuses on investing in mid-sized companies.

Other investors in the fund include development finance institutions such as IFC, Proparco, FMO, DEG, EIB, Norfund, DFC, and Findev Canada, as well as some private investors.

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