21-04-2020; Private Equity News
Private equity firm Mediterrania Capital Partners has held a final close of its third Africa-focused growth fund at €286m. Launched in 2017, MCIII has surpassed its initial €250m target and is more than double the size of its predecessor, which closed at €120m in 2015. The fund, which is 60% committed, targets small and medium-sized companies in North Africa and Sub-Saharan Africa.