Project detail - ADENIA CAPITAL (IV) PARALLEL LP

ADENIA CAPITAL (IV) PARALLEL LP

Status: Approved investment
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Disclaimer

The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.

Who is our customer

Adenia Capital IV will be the fourth fund to be managed by Adenia Partners Ltd. Adenia Capital IV will be a generalist PE fund making control investments in SMEs in underserved PE markets (Indian Ocean and West Africa).

What is our funding objective?

The Fund provides scarce, high risk capital and hands-on support to SMEs in low income countries (including post-conflict countries); as a result of their majority/hands-on approach, Adenia creates impact on employees via job and wealth creation; and on environmental and social (E&S) via active involvement in improving (and driving) the ESG management system of its investee companies.

Why do we fund this investment?

Adenia IV provides an opportunity to back a strong, locally based and experienced fund manager with a proven track record (both financial and developmental) in the SME and smaller corporate segment. Its strategy of majority ownerships allows Adenia to access a unique set of opportunities (virtually no competition from other fund managers; proprietary deal flow) as well as to apply an active/hands-on investment approach as they aim to drive the operational, ESG and exit agendas in portfolio companies. This strategy has proven to be a success in creating value and promoting ESG best practices among portfolio companies.

Website customer/investment
http://www.adenia.com/
Region
Africa
Country
Africa
Sector
Infrastructure, Manufacturing and Services
Effective date
11/1/2016
Total FMO financing
EUR 10.00 MLN
Funding
FMO NV
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk Environmental & Social Category
(A, B+, B or C)
B