News and analysis on global M&A and corporate financing strategies

Finance

Aureos In Africa

August 2008 | Private Equity Analysis
Sorry, you must be a subscriber to view this article in full. If you are a subscriber please login.

[
: *
[
: *


If you would like to subscribe to Corporate Financing Week and gain instant access to this article, please click here to subscribe.

If you would like to take a trial to Corporate Financing Week please click on the trial link below.

Aureos Capital is excited about Africa, and so is CFW. In an interview with Aureos' CEO, Sev Vettivetpillai, we talked about the continent's good economic growth, its modernising capital markets and the industry consolidations that are ongoing and on the horizon. Aureos is currently marketing their US$400mn Africa fund and it expects to make the first close at US$227.5mn by the end of the month - and marketing for the fund only began in February of this year. Aureos Capital expects to make on average three times return on investment. The company invests in small to medium sized enterprises (SMSE)