INVESTEC AFRICA PRIVATE EQUITY
Status: Approved investmentWhy disclosure?
FMO is committed to making publicly available relevant investment information that informs stakeholders and enables them to engage directly with FMO on its investments which, in turn, enhances our investment decisions, the design and implementation of projects and policies, and strengthens development outcomes. Learn more
In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
The client is Investec Africa Private Equity Fund 2 L.P., a Guernsey limited partnership, together with any parallel partnerships (or other parallel investment vehicles) as required. Each vehicle will participate proportionately in all investments on effectively the same terms and conditions.
What is our funding objective?
The fund will seek to generate superior investment income and capital gains by primarily making active and influential investments in equity and equity-related investments in African companies through privately negotiated transactions. The fund may also hold investments in listed equity, equity-related and debt securities issued by African companies, where the aim of such investment is to exercise influence over such issuers.
Why do we fund this investment?
This fund presents an opportunity for FMO to invest in the successor fund of one of our preferred private equity partners. The experience with the previous fund was excellent and also resulted in two co-invstments with the fund.
- Region
- Africa
- Country
- Africa
- Sector
- Infrastructure, Manufacturing and Services
- Effective date
- 4/25/2014
- Total FMO financing
- USD 35.00 MLN
- Funding
- FMO NV
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Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - A