Fidelity Equity Fund I

Fidelity Equity Fund I (FEF I) is a generalist private equity fund focused on Ghana. FEF I was launched in 2000 and its main investors are FMO, and Rovalue Africa Capital B.V.

FEF I invests USD 200,000 – 800,000 in unlisted small and medium enterprises (SMEs) in Ghana. FEFI may also invest up to 20% of its portfolio in Sierra Leone and Liberia on an opportunistic basis. The fund takes a balanced investment approach between start-up and expansion types of transactions, and has a target investment horizon of 5-7 years.

FEF I is managed out of Accra by Fidelity Capital Partners Limited (FCPL), which was established in 1997 as a venture capital and private equity fund management company and corporate finance advisory services provider.