Harith General Partners injects Ksh. 21.4 billion to its Infrastructure Development Fund
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Investment firm Harith General Partners, one of the largest investors in African Infrastructure, has injected a Ksh. 21.4 billion ($200 million) capital raise in a follow-up fund to its Pan African Infrastructure Development Fund (PAIDF) 2.
The capital raised will be invested in existing PAIDF portfolio company expansion opportunities as well as in selected key new pipeline deals and strategic infrastructure investment opportunities. These opportunities are both pre-determined and existing.
The PAIDF 2 Infrastructure Top Up Fund is a shorter term vehicle (5-6 years) that is being established to take advantage of very near-term expansion opportunities in some of the best performing portfolio companies.