SYNERGY PRIVATE EQUITY FUND

Promoter – Financial Intermediary

Synergy Managers Limited

Location

• Regional - West Africa

Description

The operations consists of an equity participation in a closed-end private equity fund targeting investments in Nigeria and Ghana. The fund is to be managed by Synergy Managers Limited and will have a generalist investment approach (i.e. sector agnostic).

Objectives

Generating long-term capital appreciation in local SMEs.

Comments

Sector(s)

• Services - Financial and insurance activities

Proposed EIB finance (Approximate amount)

EUR 11 million

Total cost (Approximate amount)

EUR 95 million

Environmental aspects

NA

Procurement

NA

Status

Signed - 12/09/2014