Interested in this fund?
Log in or create an account to request more information.
Gain a deeper and comprehensive understanding of how this fund generates positive impact in the themes and SDGs that matter to you, with insights provided by our dedicated team of expert analysts, and receive notifications about new available impact products, exciting investment opportunities, and relevant updates in the world of impact investing.
Agri-Vie Africa Investment Fund – Food & Agribusiness
Mauritius
Last updated 12 May 2020, by Impactyield.
Fund geography
Emerging countries (256) / Africa (127) / Eastern Africa (50)
Agri-Vie is a private equity investment fund focused on food and agribusiness in Sub-Sahara Africa with a mission to generate an above average investment return, as well as demonstrable socio-economic development impacts through its equity investments in food and agribusinesses. As such, Agri-Vie is styled as an ‘impact investment fund’, harnessing investment disciplines to address development challenges. The fund’s vision is to be a catalyst for sustainable growth in Africa through investing in one of the foundational sectors of the continent. Agri-Vie seeks to realise this vision through deploying development capital and management know-how according to sound investment and business principles. More information is available at www.agrivie.com
Asset class
Fund status
Fund style
Financial description
Raise capital from like minded long term impact investors. Deploy into selected food and agribusinesses. Develop and nurture investee companies for optimal financial and developmental impacts. Exit profitably to recycle capital into follow on investment programs.
16 years
of track record
2008
the year funded
109,000,000 USD
AUM
Interested in this fund?
Log in or create an account to request more information.
Gain a deeper and comprehensive understanding of how this fund generates positive impact in the themes and SDGs that matter to you, with insights provided by our dedicated team of expert analysts, and receive notifications about new available impact products, exciting investment opportunities, and relevant updates in the world of impact investing.
Asset manager
-logo.jpg){kind=logo}
Key performance indicators
Fund overview
Asset manager: SP Fund Managers (SPFM)
Product track record: Fund has 16 years of track record
Target IRR: 15%
Committed Capital: 109,000,000 USD (US Dollar)
Target return category: Risk-adjusted market-rate of return
Fund domicile: Mauritius
Product status: Closed - no longer investing
Style/Stage: Growth Stage
Inception year: 2008
Vintage year: 2008
Target region: Africa, Eastern Africa, Emerging countries
Target close date: 01/05/2009
Product term: 10 years
Assets under management: 109,000,000 USD (US Dollar)
Investment size: Min: 3,000,000; Max: 10,000,000; Avg: 6,000,000
Co-investment policy: LPs have priority, With LPs and non-LPs
Currency of investments: USD (US Dollar)
Currency for fund / product figures: USD (US Dollar)
Fund investments to date: 12
Fund investments to date exited or repaid: 0
Management fee: n.a.
Carried interest: n.a.
Hurdle rate: n.a.
GIIN Investors' Council Investment: Yes
Limited Partners / Investors: 8 limited partners
Limited Partner / Investor Type: Development Finance Institution (DFI), Other Institutional Investors
Contact
E-mail: office@exeocapital.com
Website: http://www.agrivie.com/
Phone number: +27 (0) 21 913 5662
If you wish to have your details removed from this database please email gdpr@impactyield.com
Denham Wiercx
Investment Analyst
Herman Marais
Managing Director
Impact Performance
n.a.
Impact thesis
Socio-economic development impacts through food security, rural livelihoods, job creation
Impact Management
n.a.
Financial benchmark
Term Description:
Keywords
Food Security; Agribusiness; AfricaMinorities/Previously Excluded PopulationsRural