Fund geography
Emerging countries (256) / Africa (127) / Middle Africa (17)
Allumez Capital’s Aurum Co-vestment (AuCovest) activity is targeted at meeting short to medium term capital requirements of Zimbabwean small and medium enterprise artisanal gold miners.
Asset class
Mezzanine Finance, Private Equity / Venture Capital, Real Assets
Fund status
Fund style
Angel Stage, Development, Early Stage, Growth Stage, Seed Stage
Financial description
n.a.
5 years
of track record
2018
the year funded
165,000,000 USD
AUM
Asset manager
Key performance indicators
Fund overview
Asset manager: Allumez Capital
Product track record: Fund has 5 years of track record
Target IRR: 18%
Committed Capital: 0 USD (US Dollar)
Target return category: Risk-adjusted market-rate of return
Fund domicile: Mauritius
Product status: Open - no committed capital
Style/Stage: Angel Stage, Development, Early Stage, Growth Stage, Seed Stage
Inception year: 2018
Vintage year: 2018
Target region: Africa, Emerging countries, Middle Africa
Target close date: n.a.
Product term: 10 year term
Assets under management: 165,000,000 USD (US Dollar)
Investment size: Min: 30,000; Max: 100,000; Avg: 60,000
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: 0
Fund investments to date exited or repaid: 0
Management fee: 3.5%
Carried interest: 20%
Hurdle rate: 10%%
GIIN Investors' Council Investment: No
Limited Partners / Investors: Globalstratos, Afribiz https://globalstratos.com/
Limited Partner / Investor Type: Development Finance Institution (DFI), Endowments/Foundations, Family Office, Pension Funds, Other Institutional Investors, Retail Investors
Contact
E-mail: n.a.
Phone number: 263772265400.00
If you wish to have your details removed from this database please email gdpr@impactyield.com
Arthur Chaora
Managing Director
John Mwinjilo
Director
Impact Performance
n.a.
Impact thesis
The primary investment activity has an impact strategy of influencing social, environmental and financial factors through a joint venture business model which is built upon three pillars that are anchored by the core financing activity
Impact Management
n.a.