Aureos Ignores Emerging Market PE Fundraising Collapse

To say that Sub-Saharan Africa has not weathered well the private equity storm of 2009 is an understatement. According to the 2009 Emerging Market Private Equity Association report, 2009 saw a 55% y-o-y decrease in new commitments to the region to US$1bn (although this was slightly less than the 66% y-o-y decline in the funds raised by private equity funds for emerging markets as a whole, which fell to US$22.6bn). Yet this has not stopped the new Aureos Africa Fund, which closed its fundraising in January 2010, from completing a US$10mn investment in Nigeria's leading leasing company C&I Leasing. This is

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