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XSML Scores 67% Fund Size Jump with Above-Hard-Cap Final Close of Fourth African Rivers Fund
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The Dutch manager XSML Capital is closing a new €118 million fund to finance African SMEs, a key segment of the economy still facing a massive capital deficit. With this fourth vehicle, the investor wants to expand a portfolio that has been growing for 15 years.
XSML scores 67% fund size jump with above-hard-cap final close of fourth African Rivers fund
Central and East Africa-focused fund manager XSML has hauled in $142m for the final close of its fourth African Rivers fund, beating the vehicle's $135m hard cap. The post XSML scores 67% fund size jump with above-hard-cap final close of fourth African Rivers fund appeared first on AltAssets Private Equity News.
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