TVM Capital Healthcare Partners has registered a new emerging markets-focused fund, TVM Healthcare III, which intends to raise $300m to invest in up to 12 healthcare companies in the MENA, India, and Southeast Asia.
Ashburton Investments has raised just under $250m of the $450m final target at the first close of the RMB Westport Real Estate Development Fund II (Westport II).
Futuregrowth Asset Management, a boutique of Old Mutual Investment Group, is capital raising for its third South African focused agriculture fund, Africa Global Funds can reveal.
Enko Capital Managers (ECM) has reached a $83.25m final close of the Enko Africa Private Equity Fund (EAPEF), a Pan-African fund focused on providing growth capital to late-stage private companies across a broad spectrum of economic sectors in Africa.
Knife Capital, a South African venture capital firm, has launched KNF Ventures, a new fund dedicated to investing in innovation-driven ventures that aims for a minimum of 40% annualized return on investments.
AfricInvest and Siparex have announced the first closing of the Fonds de Co-Localisation Franco-Tunisien (FCFT), promoted and equally subscribed by French and Tunisian state investors, Bpifrance (France) and Caisse des Dépôts et Consignations (Tunisia).
Investec Asset Management, one of the largest investors in Africa, has successfully closed its sophomore fund, the Investec Africa Private Equity Fund 2 (IAPEF 2) at $295m.
Investisseurs & Partenaires (I&P;) has launched Sinergi Burkina, a new fund dedicated to small growing businesses and start-ups in Burkina Faso, as part of the IPDEV2 project.
XSML, a private equity fund manager active in Central Africa, has announced the first close of its African Rivers Fund at $45m, attracting a number of leading institutional investors.
Verod Capital, a private equity manager based in Nigeria, has held the final closing of its Verod Capital Growth Fund II at $115m, exceeding its original target of $100m.
Kibo Capital Partners, a provider of growth capital in East Africa, Southern Africa and the Indian Ocean islands, has announced the second close of its Kibo Fund II.
Gulf Capital, one of the leading alternative investment firms in the Middle East, has raised $175m (AED 644m) for the first closing of its second credit and mezzanine fund, Gulf Credit Opportunities Fund II.
Moringa, SICAR, a private equity investment vehicle dedicated to making investments in sustainable agroforestry projects in sub-Saharan Africa and Latin America, has announced its final close at €84m.
The Investment Funds for Health in Africa (IFHA) has raised a total of $136.85m in the second closing from a diverse range of investors, including multinational companies, pension funds and development finance institutions.
