Thursday, 27 April 2017
Last updated 11 min ago
Jan 15 2007 | 11:38am ET
Citigroup and CDC Group, the U.K. government’s fund of funds group, are teaming up to launch a $200 million dedicated African private equity fund, the firms said today.
Both are to put $100 million into the CVCI Africa Fund, Citigroup’s first focused on the continent. The fund will be managed by Citigroup Venture Capital International.