ThirdWay Africa Impact Fund
United Kingdom
Last updated 8 January 2022, by Impactyield.
Fund geography
Emerging countries (256) / Africa (127) / Eastern Africa (50) / Mozambique (2)
The Fund will invest in sustainable businesses underpinned by natural capital assets to create a multi-generational impact in rural Indian Ocean Africa
Asset class
Fund status
Fund style
Financial description
n.a.
5 years
of track record
2018
the year funded
150,000,000 USD
AUM
Asset manager
Impact Category
Key performance indicators
Fund overview
Asset manager: ThirdWay Africa Partners
Product track record: Fund has 5 years of track record
Target IRR: 15%
Committed Capital: 15,000,000 USD (US Dollar)
Target return category: Risk-adjusted market-rate of return
Fund domicile: United Kingdom
Product status: Open - committed capital
Style/Stage: Growth Stage
Inception year: 2018
Vintage year: 2018
Target region: Africa, Eastern Africa, Emerging countries, Mozambique
Target close date: n.a.
Product term: 10 years + 1 + 1
Assets under management: 150,000,000 USD (US Dollar)
Investment size: Min: 5,000,000; Max: 30,000,000; Avg: 15,000,000
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: 0
Fund investments to date exited or repaid: 0
Management fee: 2%
Carried interest: 20%
Hurdle rate: 8%%
GIIN Investors' Council Investment: No
Limited Partners / Investors: n.a.
Limited Partner / Investor Type: Development Finance Institution (DFI), Endowments/Foundations, Family Office, Pension Funds, Other Institutional Investors
Contact
E-mail: n.a.
Website: http://www.thirdwayafrica.com/
Phone number: 258823199310.00
If you wish to have your details removed from this database please email gdpr@impactyield.com
Guy Lafferty
CIO
Impact Performance
n.a.
Impact thesis
Impact Management
n.a.
Financial benchmark
Term Description:
Keywords
Bottom/Base of the PyramidClimate SmartEducationFair TradeLaborLivelihoodsOtherRuralWellness