Private equity firm BluePeak to mobilise US$200m for first credit line in Africa

AFRICA – BluePeak, a private equity firm recently founded by former Gulf Capital executive Walid Cherif, is mobilizing money for its very first credit fund. The company aims at raising US$200 million. BluePeak indicated that it wants to support African SMEs which have trouble accessing credit.  The fund is designed to seek debt financing opportunities in African SMEs, with an allocation of resources that will be equally divided between North Africa and sub-Saharan Africa.  The company’s managers said they mainly target East and West Africa, in the sub-Saharan region. The…

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