BluePeak Private Capital Fund II
Status: Proposed 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
We welcome feedback on this proposed investment opportunity for FMO. The ending of the proposed investment phase is indicated on the right side of this page. 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 prospective customer?
The BluePeak Private Capital Fund II (BluePeak) aims to provide growth capital to small and medium companies across the African continent. BluePeak targets raising USD 250m in commitments and will be managed by BluePeak Private Capital, an alternative asset management firm established in 2019 with its head office in Tunisia. The business is owned by a team that has worked together for many years managing similar funds.
What is our funding objective?
BluePeak is a specialist mezzanine fund manager. Mezzanine financing consists of a blend of debt and equity financing. Such financing helps to address the existing funding gap for companies that prefer to retain ordinary equity whilst requiring growth funding to expand their businesses. The instrument thus includes a fixed repayment schedule (like debt) and some upside participation (akin to equity) if the business succeeds. BluePeak will invest across multiple sectors with a target investment size of USD 15-25 mln. Focus countries include Côte d’Ivoire, Cameroon, Egypt, Ethiopia, Ghana, Kenya, Morocco, Nigeria, Rwanda, Senegal, South Africa, Tanzania, etc.
Why do we want to fund this investment?
BluePeak has a very experienced and professional management team dedicated to building a world-class fund management business that upholds the highest ESG standards. By supporting BluePeak, FMO will collaborate with a local partner to help finance growth and empower entrepreneurs across Africa.
What is the Environmental and Social categorization rationale?
The Fund is E&S risk categorized as B+, as some of the investments in the currently presented pipeline are assessed as medium to high risk. BluePeak has demonstrated a strong commitment to implementing high ESG standards in its investments. The Fund has accumulated significant in-house capability to do so, and FMO will continue to support the fund manager in further developing and implementing ESG best practices.
- Website customer/investment
- https://www.bluepeakpc.com/
- Region
- Africa
- Country
- Africa
- Sector
- Infrastructure, Manufacturing and Services
- Publication date
- 12/24/2024
- Deadline for feedback
- 2/22/2025
- Total FMO financing
- USD 15.00 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) - B+