BluePeak Private Capital (BluePeak), an alternative asset manager firm supporting the growth of scalable businesses in Africa through privately negotiated and structured debt like instruments, has reached final closing at $156m for its inaugural private capital fund, BluePeak Private Capital Fund SCSp.
The African Development Bank and South Africa-based private investor Sango Capital are the most recent investors to back the Fund, marking their first ever commitments to a private debt fund. They join development finance institutions, BII, EIB, US DFC, FMO, SwedFund and CDC Tunisia, who backed the Fund at initial closing.
So far, the fund has built a diversified portfolio of 6 pioneering businesses operating in more than 30 countries across Africa, employing over 7,500 people.
