Horizon Equity Partners has fully realised its Horizon’s TechVentures Fund, achieving an internal rate of return of 40% for its investors.
Aureos’ Africa Fund, a private equity fund focused on small and medium-sized companies has reached $318 million, following its first closing in September 2008.
Fusion Capital has launched a $150 million East Africa regional fund, Fusion African Access.
Kibo Capital Partners has received a $12.5million commitment from the African Development Bank, for its sophomore small-cap vehicle The Kibo Fund II (TKF II).
West African Private Equity investor Cauris Management has reportedly raised €45million for its small and medium sized fund, Fonds Cauris Croissance II (FCC II).
Kenya-based Insurance Company of East Africa (ICEA) has partnered with the Norwegian Investment Fund for Developing Countries (Norfund) and Imara Securities to launch a $100 million private equity fund.
African Capital Alliance (ACA) has held a $ 200 million first closing for its latest private equity fund - Capital Alliance Private Equity III - CAPE III