HedgeCo.Net — CardinalStone Capital Advisers reached a $76 million first close on CCA Growth Fund II, Africa Private Equity News reported from the Lagos manager on August 24. Africa Digest independently printed the same $76 million first close. The vehicle will target small and mid-sized companies in Nigeria, Ghana, Côte d’Ivoire, and Senegal, both outlets said.
Returning development-finance institutions from the first fund include the International Finance Corporation, British International Inv...
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