Swiss DFI commits to SPE Capital's third fund
SPE PEF III is a generalist private equity fund investing in SMEs, primarily in North Africa.
Swiss development finance institution SIFEM has committed $15 million to the SPE Capital Partners private equity fund, SPE PEF III. The fund has achieved its first close at $140 million.
"We are delighted to announce that SIFEM contributed to the successful first close of SPE PEF III, with commitments totalling $140 million. This marks a major step forward in our mission to drive impactful investments across North Africa," SIFEM said in a statement.
SPE PEF III is a generalist private equity fund investing in fast-growing small and medium-sized companies (SMEs), primarily in North Africa. The fund targets sectors such as healthcare, education, manufacturing and processing, and business services.
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