PROJECT

Projects

Summary of Investment Information

Project Number

42586

Company Name

ALTA SEMPER CAPITAL LLP

Date SPI Disclosed

Aug 28, 2019

Country

Africa Region

Region

Africa

Projected Board Date

May 5, 2020

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Feb 1, 2024

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : May 5, 2020
Signed : Jun 26, 2020
Invested : Jul 27, 2020

Sector

Growth Equity Fund

Additional Project Attributes

Blended Finance

Project Description

 

The proposed project consists of an equity investment of up to US$15.5 million in Alta Semper Ilera Fund I, L.P. (“Alta Semper” or the “Fund”), a 10-year private equity fund targeting to raise US$250 million. The Fund will obtain controlling stakes in leading healthcare and consumer companies by way of equity investments. The Fund will have a pan-African focus and make equity investments of between US$10 and US$50 million per transaction.

 

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation