French private equity firm I&P opens Kenya office with eye on SMEs

KENYA – French private equity fund Invertases’ & Partenaires (I&P) has opened a regional office in Nairobi with an eye on making investments in small and medium scale enterprises (SMEs) in East Africa. I&P, which manages four funds with an aggregate volume of $142 million said the local office will seek to support local SMEs but also provide it with a gateway to expanding into the region. “I&P is aiming at closing the SME finance gap,” said the firm’s chief investment officer Jérémy Hajdenberg who is responsible for the East…

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