Metier Capital Growth Fund II Reaches a First Close (Sub-Saharan Africa)

Source: Metier

Metier, a private equity and alternative asset firm, has completed a first close for Metier Capital Growth Fund II with an undisclosed amount of committed capital. Investors included South African institutional investors, as well as development finance institutions FMO and DEG. The fund will target mid-cap growth investment opportunities in Sub-Saharan Africa in sectors including transport and logistics, retail, health and fast-moving consumer goods.