The 5 most popular stories on Africa Private Equity News the past week
Here are summaries of the five most widely read stories the past week on Africa Private Equity News.
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A MESSAGE FROM OUR SUPPORTERS
[GVCA] PCM Capital Partners exits First Atlantic Bank via oversubscribed IPO
PCM Capital Partners has announced a full exit from Ghana’s First Atlantic Bank. Read more
Here are summaries of the five most widely read stories the past week on Africa Private Equity News.
1. Inside Capital Partners reaches final close for new fund
Private equity firm Inside Capital Partners has announced the final close of its second fund, Inside Equity Fund II, at $72.2 million.
“This milestone marks a significant step forward for Inside Capital Partners. With Fund II reaching more than twice the size of Fund I, our total assets under management now stand at $107 million, reinforcing our ability to support the growth of impactful SMEs across Southeast Africa,” the firm said in statement. Read the full article
2. Amethis Fund III reaches final close
Fund manager Amethis, together with its partner Edmond de Rothschild Private Equity, have announced the final closing of Amethis Fund III (AFIII) at €406 million. AFIII is the third vintage of Amethis’ flagship pan-African strategy. Read the full article
3. Alta Semper secures $57.5m for new fund
Alta Semper Capital, a London-based private equity firm focused on healthcare and consumer investments, has secured $57.5 million in commitments for its Alta Semper Growth Fund II. Read the full article
4. Sahel Capital Agribusiness Fund II reaches first close
Sahel Capital reached the first close of its successor growth equity fund, Sahel Capital Agribusiness Fund II (SCAF II), with $29 million in commitments. The first close was anchored by KfW Development Bank, alongside a US-based family office. SCAF II is targeting a final close of $75 million over the next 12 months. Read the full article
5. Silverbacks Holdings marks its tenth exit
Silverbacks Holdings has secured its tenth profitable exit following the acquisition of Mono, an open banking fintech start-up, by payments unicorn Flutterwave. Read the full article
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