Metier Capital Growth Fund III

Metierin tiimi
Metrierin tiimi kuvassa.

In brief

Metier Capital Growth Fund III is a generalist private equity fund focusing on deploying growth capital into entrepreneurial businesses in Sub-Saharan Africa. The Metier Group manages the fund. The fund targets a total size of USD 200 million, and a strong first close was achieved at USD 182 million in September 2023.

Main development impact

The main development impact of the Metier Capital Growth Fund III is deemed to come through economic growth and employment, salaries and taxes, and local purchases, in which Metier has shown good progress in previous funds. Metier brings growth capital, training, and entrepreneurial skill development to growth-oriented mid-cap companies. Both capital and specialised training and support are in short supply in Sub-Saharan Africa. The fund is classified as a 2X Challenge-eligible investment, committing to ambitious gender targets for the manager and the fund portfolio companies.

Investment details

Name: Metier Capital Growth Fund III
Project number: 80000467
Region: Africa
Country: Africa
Sector: General fund
Signing date (month/year): September 2023
Currency: USD
Finnfund's financing (commitment): 15,000,000
Instrument: Fund
Status: Active

Please note, that in principle, this information is given at the time of signature according to Finnfund's disclosure policy. However, in the case of investment funds, the share of Finnfund’s financing (%) is disclosed after the fund’s final closing, and information on the portfolio companies financed by the fund is updated at least once a year.

Companies financed by the fund

Name Sector Region Country
No data found.

Key facts

Name:

Metier Capital Growth Fund III

Sector:

General fund

Region:

Africa

Country:

Africa

Currency:

USD

Finnfund's financing (commitment):

15,000,000

Signing date (month/year):

September 2023

Last update:

December 2023