PROJECT

Projects

Summary of Investment Information

Project Number

40184

Company Name

SYNERGY PRIVATE EQUITY FUND II LP

Date SPI Disclosed

Nov 2, 2017

Country

Western Africa Region

Region

Africa

Projected Board Date

Jan 5, 2018

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Dec 21, 2023

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : Jan 5, 2018
Signed : Feb 14, 2018
Invested : Apr 26, 2018

Sector

Growth Equity Fund

Project Description

 The proposed project is for an equity investment of up to USD$20 million in Synergy Fund II L.P. (“the Fund”), a 10 year closed-end generalist private equity fund targeting mid-market companies in Nigeria, Ghana, Liberia and Sierra Leone. The Fund is seeking to raise USD$250 million of total committed capital.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation