LRAF II
Sector: Education • Location: Africa Region
Source: International Finance Corporation (IFC)
The proposed project is for IFC to commit up to US$20 million into Lightrock Africa Fund II (LRAF II or the Fund), a growth equity fund, and a US$5 million co-investment envelope under delegated authority. The Fund is targeting to raise between US$150-$200 million with a generalist strategy, primarily targeting Kenya, South-Africa and Nigeria, while also exploring opportunistic investments in
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | pending |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The proposed project is for IFC to commit up to US$20 million into Lightrock Africa Fund II (LRAF II or the Fund), a growth equity fund, and a US$5 million co-investment envelope under delegated authority. The Fund is targeting to raise between US$150-$200 million with a generalist strategy, primarily targeting Kenya, South-Africa and Nigeria, while also exploring opportunistic investments in the rest of the continent. The Fund seeks to build a portfolio of 8-12 fast-growing companies, with ticket sizes ranging from US$10-20 million, targeting significant minority stakes (10-20% range) alongside negotiation of board seats. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |