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Capitalworks launches $300m sub-Saharan Africa investment company

Independent alternative asset manager Capitalworks Group has launched Africa Capitalworks, an investment company that will deploy permanent equity capital in midmarket companies in strategically selected sectors across sub-Saharan Africa, but excluding South Africa. Africa Capitalworks aims to raise $300-million and has already secured early support and substantial investment, including from UK development finance institution, the CDC, as well as from South Africa’s Public Investment Corporation (PIC) on behalf of its client, the South African Government Employees Pension Fund.

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