Inspired Evolution discussing third fund with DFIs
The South African is returning to the forefront of investors with a new vehicle. Two DFIs have already given the green light, while a European counterpart is tempted to follow.
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▪ Inspired Evolution discussing third fund with DFIs
▪ The South African is returning to the forefront of investors with a new vehicle. Two DFIs have already given the green light, while a European counterpart is tempted to follow.
▪ https://www.africabusinessplus.com/en/814190/inspired-evolution-discussing-third-fund-with-dfis/
It took three years for directors Christopher Clark and Wayne Keast to sit down again at the negotiating table with the limited partners from Europe. Focusing on sustainability from the outset, Inspired Evolution is working on structuring another vehicle, its third since its inception in 2007. With much more confidence than previously, the Inspired Evolution team aims to close this third fund in 2024 at $400 million, a substantial increase as the first closed at $90 million and the second at $216 million in 2019.
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