WaterEquity raises $100m fund; Kenya, South Africa among target countries
The fund seeks to invest in both infrastructure projects and growth companies working across the water value chain.
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WaterEquity, a global asset manager dedicated to mobilising private investment for the water and sanitation sector, has raised more than $100 million for its latest investment fund, the Water & Climate Resilience Fund. Now accepting applications, the fund seeks investment-ready infrastructure projects and growth companies that are working to scale climate-resilient water and sanitation solutions. In Africa, the fund's priority markets are Kenya and South Africa, while other focus countries include Brazil, India, Indonesia, Mexico, Peru, and the Philippines.
“Climate change is intensifying threats to health, productivity, and critical infrastructure, especially in regions already vulnerable to water stress,” said Marlene Hormes, chief investment officer at WaterEquity. “This call for funding will allow WaterEquity to identify projects that mobilise private sector investment in innovative and impactful water solutions. By advancing climate-resilient water infrastructure in low-income communities across emerging markets, we aim to create sustainable water access, improve community resilience, and drive long-term positive change.”
The fund seeks to invest in both infrastructure projects and growth companies working across the water value chain. The fund will prioritise equity and mezzanine instruments with ticket sizes ranging from $2 million to $15 million. WaterEquity will target minority ownership stakes with an investment period of five to seven years.
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