Fidelity Equity Fund I
USD 4 mio
SIFEM investment
2000
Year
Region: Sub-Saharan Africa
Sector: Generalist
Financial instrument: Private Equity Fund
Financial intermediary: Fidelity Capital Partners Limited
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.