Goodwell Investments’ €150m uMunthu II fund to close in one year
The private equity spoke to Africa Business+ about the timing of its fifth vehicle.
05/01/2023 at 18h34, by Africa Business+
“The final closing is expected in the first quarter of 2024,” Goodwell Investments told Africa Business+. The Amsterdam and Cape Town-based group expects to announce an interim closing in the 2023 quarter for its uMunthu II fund, which is expected to reach €150 million.
Recommended articles
New technologies
22/12/2022 at 17h26, by Africa Business+
Vianney Mathonnet, Modus Capital : “The fund will remain totally agnostic in terms of application areas”
Modus Capital’s new Africa partner talked to Africa Business+ about the blockchain and artificial intelligence...
Private Equity
20/12/2022 at 19h13, by Africa Business+
Private equity : XSML goes back to investors for fourth fund
With its third vehicle about to be fully invested, the impact fund manager is preparing the next step...
Bank
16/12/2022 at 16h45, by Africa Business+
Advans Tunisia again receives EBRD funds
The microfinance organisation obtained a €3 million loan from the European bank, targeted at micro and...
Private Equity
16/12/2022 at 15h48, by Africa Business+
SouthBridge MD Frannie Leautier : “Our forest fund with BADEA will operate as a debt vehicle and has already raised $250m in commitments”
With a $2 billion target, the fund created by the SouthBridge Group and the Arab Bank for Economic Development...
Private Equity
13/12/2022 at 17h34, by Africa Business+
Debbie Parker takes over Astron Energy South Africa’s new AEDF
The R220 million Astron Energy Development Fund (AEDF) aims to support and empower small and medium-sized...