Adenia Capital IV LP

Equity of November 2016

Adenia IV seeks to invest growth capital in a variety of sectors including agribusiness, consumer, manufacturing, healthcare, business services and hospitality.

Amount

€ 9,000,000.00

Type of investment

Equity

Development impacts

Local economic growth
Private sector consolidation/innovation

Beneficiary locations

Africa: Ghana, Ivory Coast, Madagascar

Investment field

Investment Companies & Funds

Activity

SME Funds

Organisation

Adenia Capital IV

Website

http://www.adenia.com/

Adenia Capital (IV) LP is 10-years closed-end generalists Private Equity fund targeting medium sized companies in West Africa and the Indian Ocean region. The fund will acquire majority and controlling stakes in under-managed mid-sized companies and aims to transform them into sustainable and regional leaders. Adenia acts as an "agent of change" in this respect.

Development impacts

Local economic growth
Adenia's focus on top-line expansion enables job creation and opens up access to clients and opportunities to suppliers.
Private sector consolidation/innovation
SMEs in Sub Saharan Africa are challenged by 3 market failures: firms facing succession, lack of financing available and difficulty in attracting high-caliber management talent. Through Adenia's distinct approach to make control investments in midsized companies, it has the capacity to address these problems.