In August 2003, Aureos raised three private equity funds in Sub-Saharan Africa: the Aureos Southern Africa Fund (ASAF), the Aureos East Africa Fund (AEAF) and the Aureos West Africa Fund (AWAF) with combined committed capital of US$140 million. The African funds have invested in a wide range of sectors, including telecommunications, pharmaceuticals, plastics, fast-moving consumer goods and microfinance. In 2009, Aureos established the Africa Health fund which had its first close at US$57m and is aiming for a final close at US$100m by October 2010. In January 2010, the Aureos Africa Fund had a final close with committed capital of US$381m. Below you will find more facts about the five African funds. View more information about the fund managers and case studies; Golden Lay Farms, Uganda Microfinance Ltd, SA Block and Voltic International.
Fund name:
Geography:
Vintage year:
Committed capital:
Status:
Aureos West Africa Fund
Economic Community of West African States (ECOWAS) primarily Nigeria, Ghana and Senegal
2003
US$50m
Investing
Fund name:
Geography:
Vintage year:
Committed capital:
Status:
Aureos East Africa Fund
Kenya, Tanzania and Uganda
2003
US$40m
Investing
Fund name:
Geography:
Vintage year:
Committed capital:
Status:
Aureos Southern Africa Fund
Angola, Botswana, Democratic Republic of Congo, Malawi, Madagascar, Mauritius, Mozambique, Namibia, South Africa, Swaziland, Zambia.
2003
US$50m
Investing
Fund name:
Geography:
Vintage year:
Committed capital:
Status:
Aureos Africa Fund
Pan Africa
2008
US$381m
Investing
Fund name:
Geography:
Vintage year:
Committed capital:
Status:
Africa Health Fund
Pan-Africa
2009
US$57m
Fund Raising