South Africa's PIC invests $30m into Enko Capital's private credit strategy
The fund is targeting a final close of $150 million in second half of 2026.
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South Africa’s Public Investment Corporation (PIC) has made a $30 million investment into Enko Capital’s private credit fund. The fund is targeting a final close of $150 million in second half of 2026, with a hard cap of $200 million.
The fund’s objective is to provide bespoke financial solutions necessary to support growing companies in Africa.
Patrick Dlamini, CEO of the PIC, said: “Driving economic and financial inclusion is one of the pillars of our intermediaries mandate. Enko Capital provides the vehicle to deliver on this strategy and the broader mandate of generating returns for our clients.”
Alain Nkontchou, managing partner of Enko Capital, added: “This investment from the PIC further strengthens Enko Capital’s partnership with the PIC, an institution that has supported Enko Capital since 2016.”
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