FMO and Fairview Introduce Fund-of-Funds for Africa (Sub-Saharan Africa)

Source: FMO

Dutch development bank FMO has announced the creation of an Africa-focused fund-of-funds in partnership with U.S.-based fund-of-funds manager Fairview Capital Partners. The FMO Fairview Africa Fund will make commitments to private equity funds in Africa and selectively co-invest alongside these funds. The fund’s target size is US$200 million, of which US$50 million has already been committed by FMO.