Synergy Private Equity Fund
USD 75 mio
USD 7.5 mio
Region: Sub-Saharan Africa
Sector: SME Development
Financial instrument: Private Equity Fund
Financial intermediary: Synergy Managers
The Fund is the first to be managed by the investment team of Synergy Managers, a private equity firm established in 2014 by Nigerian finance professionals. By supporting a first-time Fund promoted by local professionals, SIFEM supports the growth of the local financial sector.
With a focus on Nigeria (up to 75%) and Ghana (at least 25%), the Fund has a target size of USD 75m and will focus on a number of promising sectors, including agricultural processing, consumer products, power, IT, manufacturing and non-bank financial services, amongst others.