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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
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
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