SPE Capital holds final close of SPE AIF I fund

SPE Capital Partners today announced the final close of SPE AIF I, an Africa-focused private equity fund. SPE AIF I was oversubscribed and closed at $258 million, well above its initial hard cap of $200 million.

SPE AIF I was launched in 2019 to invest in companies across Africa, with a particular focus on North Africa. The fund strategy includes majority transactions in companies with growth potential, operating in sectors such as industrial goods, services, healthcare and education.

Nabil Triki, managing partner and CEO at SPE Capital said, “This is a significant milestone for our young firm. We are grateful for the strong vote of confidence from our investors, whose unwavering support has been invaluable. The challenging environment we’re currently in underlines the importance of investing in resilient sectors and high-quality companies.”

To-date, SPE AIF I has invested in four companies: (1) Future Pharmaceutical Industries, a rapidly growing branded generics manufacturer in Egypt; (2) Holged Tunisie, the leading private K-12 school operator in Tunisia; (3) Dislog Group, a premier FMCG producer and distributor in Morocco; and (4) Amanys Pharma (formerly Saham Pharma), a leading antibiotics manufacturer and injectables distributer in Morocco.

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