PROJECT

Projects

Summary of Investment Information

Project Number

35697

Company Name

CAPITAL ALLIANCE PRIVATE EQUITY FUND IV LIMITED

Date SPI Disclosed

Nov 13, 2014

Country

Nigeria

Region

Africa

Projected Board Date

Jan 8, 2015

Environmental Category

FI-1 - Significant

Status

Active

Last Updated Date

Feb 1, 2024

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : Jan 8, 2015
Signed : Feb 27, 2015
Invested : Dec 2, 2015

Sector

Growth Equity Fund

Project Description

 The proposed project is for an equity investment of US$40.0 million in Capital Alliance Private Equity IV (“CAPE IV” or “the Fund”), a 10 year closed-end private equity fund targeting growth companies in Nigeria and other countries along the Gulf of Guinea. The Fund is seeking to raise $600 million total committed capital. IFC invested in CAPE I in 1999 as part of its strategy to support the creation and growth of the private equity industry in Nigeria and in Africa. IFC has since invested in CAPE II, CAPIC and CAPE III funds raised by the sponsor.                                                  

Associated Advisory Engagement

           

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation