InVcap Private Equity Fund I (IPEF I), is proposed as a US$ 100million fund. It will provide developmental capital for investments in high-growth sectors in Frontier Africa (West Africa). Investment focus is on Commercial real estate, tourism, consumer, and support infrastructure in sub-sectors such as energy and transport.
|Fund size:||US$100 million|
|Fund term:||10 years (+2)|
|GP Contribution:||2% of Fund|
|Investment type:||Growth capital-Equity Investments in West Africa|
|Investment period:||5-7 years|
|Target return:||Hurdle IRR-8%; Gross IRR-25%|