DPI Reaches USD900m Final Close for ADP III

Source(s): DPI

Development Partners International (DPI) announced that African Development Partners III Fund (ADP III) has held a final close at USD900m, with an additional USD250m of dedicated co-investment capital commitments. Investors in the fund include DPI’s existing limited partners, as well as more than 25 new investors. ADP III will invest in established and growing companies across Africa and has already completed four deals. Read more