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Private Equity fundraising for Africa hits high

Image Credit: Private Equity International

With The Abraaj Group holding its final close for its second North African fund at $375 million last week, Private Equity International has reviewed the fundraising trends for closed end private equity funds focused on Africa. It reports that seven funds have raised a total of $3.78 billion so far in 2015, outstripping the $2.57 billion raised by ten funds in 2014. According to PEI, there are currently 56 Africa-focused funds in the market or coming to market targeting a total of $13.32 billion.

Read more at Private Equity International…

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