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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
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
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.