Helios Reaches a US$355 Million First Close on Helios Investors III (Sub-Saharan Africa)
Source: Helios Investment Partners
Pan-African private equity firm Helios Investment Partners has reached a first close on Helios Investors III, a Sub-Saharan Africa-focused fund, with US$355 million in capital commitments. Six institutional investors participated in the close. The fund is targeting US$1 billion, and a subsequent close is tentatively scheduled for late May, for which participating LPs have reserved an additional US$185 million.