Monday
March 23
2026

Adenia Hits $180 Million Hard Cap at First Close for Entrepreneurial Fund, Announces First Investment

Adenia Partners (“Adenia”), a leading private equity firm focused on growth opportunities across Africa, today announced the successful first close of the Adenia Entrepreneurial Fund I (AEF) at its hard cap of $180 million. This comes less than a year after the launch of the fundraising process with an original target size of $150 million and brings the total capital raised by Adenia to over $1 billion.

Photo courtesy of fauxels.

Source: Adenia (link opens in a new window)

Categories
Investing
Tags
business development, development finance, ESG, impact investing