Helios fund lands $100m commitment from LP

CDC Group, the UK’s development finance institution, has committed $100 million to Helios Investors IV, the fourth private equity fund raised by Helios Investment Partners.

The pan-African generalist fund will invest in and build market-leading companies across the continent. With a well-established local presence in Lagos and Nairobi, offices in Europe and strong networks across the continent, Helios has grown significantly since its establishment in 2004 and has invested in businesses that operate in over 30 African countries.

Helios has a strong track record in African private equity across its three predecessor funds, having invested over $3 billion in diverse sectors ranging from financial services to education and telecommunications since 2008.

Clarisa De Franco, head of Africa funds at CDC, commented, “We are pleased to once again partner with Helios by backing the firm’s fourth fund. Our investment will allow growing African companies to access much-needed finance to support their development and expansion at a particularly challenging time in the markets. CDC takes its DFI role seriously in ensuring trade and investing in African companies continues smoothly to enable a swift post-Covid-19 recovery. I’m confident our investment in Helios will help catalyse additional commitments from institutional investors, thereby allow the firm to invest in promising companies, create lasting jobs, and accelerate progress towards the SDGs across the region.”

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