Allumez Capital


Last updated 6 January 2022, by Impactyield.

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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.

Financial description


5 years

of track record


the year funded

165,000,000 USD


Asset manager

Allumez Capital


Headquarters location:

SDG goals

SDG targets

Equal rights to ownership basic services technology and economic resources

Promote policies to support job creation and growing enterprises

Full employment and decent work with equal pay

Increase access to financial services and markets

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:

Product status:

Style/Stage: , , , ,

Inception year: 2018

Vintage year: 2018

Target region: , ,

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: ,

Currency of investments:

Currency for fund / product figures:

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

Limited Partner / Investor Type: Development Finance Institution (DFI), Endowments/Foundations, Family Office, Pension Funds, Other Institutional Investors, Retail Investors


E-mail: n.a.


Phone number: 263772265400.00

If you wish to have your details removed from this database please email

Arthur Chaora

Managing Director

John Mwinjilo


Impact Performance


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


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