CDC Commits US$50m to Helios, a New African Fund

1st November 2006

CDC, the UK government-backed emerging markets private equity fund-of-funds, announces that it has committed $50m to a new African Fund managed by Helios Investment Partners. The Fund, Helios Investors, L.P., held a first closing at US$201 million on July 12, and also has an additional approval from OPIC for a US$50m debt facility.

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