Tuesday, February 16, 2010

Aureos Pulls in $381 million for Africa

Aureos Capital, the specialist investor in emerging markets, announces it has raised $381m (£243m) to back small and medium-sized African companies. The close of the Aureos Africa Fund, which has been raising money for two years with a $400m target, makes it the biggest of its kind in Africa and establishes the London-based group as one of the continent's top private equity players. Click here to read the full article.