First closing of Ascent Rift Valley Fund II has a full house with institutional investors—CDC, Proparco, IFC, & FMO
The Kenya-based private equity fund Ascent Capital Africa completed the first closing of $100 million for its second fund dedicated to East Africa.
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▪ First closing of Ascent Rift Valley Fund II has a full house with institutional investors—CDC, Proparco, IFC, & FMO
▪ The Kenya-based private equity fund Ascent Capital Africa completed the first closing of $100 million for its second fund dedicated to East Africa.
▪ https://www.africabusinessplus.com/en/807914/first-closing-of-ascent-rift-valley-fund-ii-has-a-full-house-with-institutional-investors-cdc-proparco-ifc-fmo/
A few months behind schedule, due to the COVID-19 pandemic, private equity investor Ascent Capital Africa is adding new assets to its Ascent Rift Valley Fund II (ARVF II).
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