Swiss DFI contributes to first close of Helios CLEAR Fund
Swiss DFI contributes to first close of Helios CLEAR Fund
SIFEM has committed $15 million to the first close of the Africa-focused climate fund.
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Swiss development finance institution, SIFEM, has committed $15 million to the first close of an Africa-focused climate fund managed by Helios Investment Partners.
Helios has achieved the first close of the Helios CLEAR Fund, a dedicated climate investment fund for Africa. Approximately $200 million in anchor investments has been secured from eight institutions, positioning the fund to become Africa’s largest climate-dedicated fund.
The Helios CLEAR Fund will begin investing the capital immediately and aims to mobilise an additional $200 million – primarily from private investors – to reach its $400 million target size. The fund aspires to support and scale African climate champions focusing on five key areas:
Green energy solutions
Climate-smart agriculture and food
Green mobility and logistics
Recycling and resource efficiency
Digital and financial climate enablers
Anthony Mwangi Njoroge, principal and co-head for Africa fund of funds at responsAbility, acting as SIFEM’s portfolio manager, stated, “This milestone marks a significant achievement for a climate-focused Africa private equity fund, underscoring strong investor confidence in the fund manager’s capacity to build a diversified portfolio of companies with substantial climate impact across Africa, while delivering robust financial returns.”
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