PROJECT

Projects

Summary of Investment Information

Project Number

47700

Company Name

ALTA SEMPER II

Date SPI Disclosed

Jul 23, 2024

Country

Africa Region

Region

Africa

Projected Board Date

Sep 30, 2024

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Jan 19, 2025

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : Dec 2, 2024
Signed : Dec 24, 2024
Invested : Jan 16, 2025

Sector

Growth Equity Fund

Project Description

 IFC is considering an equity investment of US$25 million and a US$20 million co-investment envelope into Alta Semper Growth Fund II (AS II or the Fund). AS II is targeting a total fund size of US$150 million to take majority stakes (or significant minorities with a path to control) in 6-10 mid-cap companies with an average deal size of $15-25 million, targeting growth investments in resilient and high growth sectors of healthcare (including vocational education and post-secondary education for the healthcare industry) and consumer goods /services. 

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation