Monter Capital secures commitments from Zambian pension funds
Approval marks a significant milestone.
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Private equity firm Monter Capital has announced that it has received investment commitments into the Monter Capital Fund from Zambian pension funds following successful approvals from regulatory authorities in Zambia.
This approval marks a significant milestone and provides the pension funds access to alternative assets driven by Monter Capital.
Monter Capital last year reached the first close of its $100 million private equity fund that will back companies in the agribusiness, financial services, and clean energy sectors in sub-Saharan Africa. (Read more: Investor bullish on soya in Zambia and meat production in Botswana)
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