Release date: 11 July 2008
Promoter – Financial Intermediary
Aureos Capital LimitedLocation
Description
Aureos Africa Fund, L.L.C. is a Mauritius-domiciled private equity fund which will further develop the investment strategies pursued by Aureos’ African regional funds since 2003, focusing particularly on building pan-African businesses.
Objectives
The Fund will seek to identify investments in medium-sized companies, led by experienced management teams, that have the potential to become African market leaders. The investment strategy involves a hands-on-value enhancing approach, including institutional strengthening of portfolio companies, and is expected to deliver significant enterprise development benefits.
Comments
Financial
Sector(s)
Proposed EIB finance (Approximate amount)
Up to USD 40 million
Total cost (Approximate amount)
Up to USD 500 million
Environmental aspects
Environmental analysis according to guidelines acceptable to the Bank will be part of the Fund’s due diligence process in the appraisal of investee companies.
Procurement
Not applicable
Status
Signed - 2/09/2008
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).