CDC Group commits US$60 investment to Mezzanine and BluePeak funds

AFRICA – CDC Group, the UK’s development finance institution (DFI) and impact investor, has made a US$60 million commitment under its African Private Credit Fund Strategy, which aims to address a significant credit market dislocation and mid-market financing gap, a situation intensified by the Covid-19 crisis. CDC’s latest commitment covers two investments: a US$30 million investment in Vantage Mezzanine Fund IV which is managed by Vantage Capital, an established Pan-African fund manager; and a US$30 million cornerstone investment in BluePeak Private Capital Fund I, BluePeak’s maiden fund. These commitments will…

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