PROJECT

Projects

Summary of Investment Information

Project Number

38648

Company Name

CATALYST FUND II, LLC

Date SPI Disclosed

Jan 24, 2024

Country

Eastern Africa Region

Region

Africa

Projected Board Date

Dec 15, 2016

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Feb 1, 2024

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : Dec 15, 2016
Signed : Dec 22, 2016
Invested : Jul 13, 2017

Sector

Growth Equity Fund

Project Description

  Catalyst Fund II, LLC (“Catalyst Fund II” or “the Fund”) is an Eastern Africa-focused private equity fund with priority sectors that focus on consumer demand opportunities underpinned by strong fundamentals. The Fund is seeking to raise up to US$200 million in third party commitments to make 8- 12 mid-market growth capital investments. The Fund has consistent strategy, geography and investment theses as the predecessor fund. The Fund will be managed by Catalyst Principal Partners, a team with Eastern Africa-focused investment experience and demonstrable proprietary pipeline and local networks.                                                 

Associated Advisory Engagement

  IFC’s advisory engagement will explore providing expertise and support to Catalyst Principal Partners where necessary, particularly on matters related to ESG training and facilitation.                                                 

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation