PROJECT

Projects

Summary of Investment Information

Project Number

45890

Company Name

ADENIA PARTNERS LIMITED

Date SPI Disclosed

Nov 6, 2021

Country

Africa Region

Region

Africa

Projected Board Date

Dec 15, 2021

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Nov 24, 2022

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : Dec 16, 2021
Signed : Mar 31, 2022
Invested : Nov 22, 2022

Sector

Growth Equity Fund

Project Description

 The proposed project is an investment in Adenia Capital (V) L.P., a Mauritius limited partnership (“Adenia V” or the “Fund”), which will invest in equity and equity-linked instruments in companies across Africa (the “Project”). The Fund will invest in companies in financial services, agribusiness, consumer goods, telecom, healthcare and education, business services and hospitality. Adenia V is the successor fund to Adenia Capital (IV), a vintage 2016 fund with €230 million in total commitment, Adenia Capital (III), a 2012 vintage fund with €95.8 million in capital commitments, Adenia Capital (II), a 2007 vintage fund with €37 million in capital commitments and Adenia Capital I, a 2003 vintage fund with €10 million in capital commitments.                                                  

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation