LP Tearsheet

Proparco approves $20m commitment

The France-based government related investment organisation has backed a Middle East and Africa focused fund.

By
Dayo Wan
-

Institution: Proparco
Headquarters: Paris, France
AUM: €5.40bn
Bitesize: $10-50m

Proparco has confirmed a $20 million commitment to SPE AIF I. The fund is managed by SPE Capital and lists a target size of $200 million.

As illustrated below, Proparco’s recent private equity commitments have been made to venture capital funds that focus on healthcare and consumer sectors across Middle East and Africa.

Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.