Equity fund managers AIIM successfully completes US$80m capital increase for its fund

AFRICA – African Infrastructure Investment Managers (AIIM), Africa infrastructure-focused private equity fund managers, has successfully completed a capital increase of US$80 million for its flagship pan-African infrastructure fund, AIIF3. The capital increase takes the total commitments for AIIF3 to US$400 million and represents one of the largest capital raises closed for an African fund since the advent of the COVID-19 pandemic. AIIF3 was established to continue the mandate and strategy developed for AIIM’s AIIF2 fund by targeting infrastructure investments in the power, transport, digital infrastructure and midstream energy sectors across…

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