Swiss Investment Fund
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Evolution One

Evolution One is a private equity fund investing in renewable and clean technologies in South and Southern Africa. SIFEM is one of the main investors alongside CBG, Finnfund and IFC.

Evolution One

Evolution One is a private equity fund investing in renewable and clean technologies in South and Southern Africa. SIFEM is one of the main investors alongside CBG, Finnfund and IFC.

About the fund

Evolution One focuses on deploying clean technologies across the environment goods and services sector in Southern Africa, making both technology and infrastructure-related investments in the form of equity and equity related instruments. Evolution One invests predominantly in businesses and projects in their expansion stage, with some early stage and start-up investments, and to a lesser extent later stage buy-outs. It focuses on climate change-related investments in clean energy and energy efficiency, augmented by a broader investment mandate across select industry focus areas within the environmental goods and services sectors and sub-sectors.
Inspired Evolution Investment Management (IEIM) is the manager of Evolution One, and comprises of principals from Pan-African Capital Holdings, Alluvia Group, Consensus Business Group and Capital Evolution, operating out of South Africa and with offices in London. IEIM is a black empowered company in accordance with South Africa’s BEE guidelines.

Reference code
2008-02
Status
Active
Date of commmitment
August 2008
Date of exit
-
Fund size
USD
58,000,000
SIFEM commitment
USD
8,000,000
Asset class
Private Equity
Investment strategy
Investment through Fund
Fund manager
Inspired Evolution