CDC provides USD60 million financing bridge

CDC provides USD60 million financing bridge

CDC provides USD60 million financing bridge

The United Kingdom’s development finance institution- CDC Group has committed USD60 million to bridge the mid-market financing gaps and credit market dislocation exacerbated by Covid-19.

CDC Group has made the commitment under its Private Credit Fund Strategy, spanning two investments: a USD30 million investment in Vantage Mezzanine Fund IV, managed by Pan-African fund manager Vantage Capital, and a cornerstone investment of the same amount in Bluepeak’s maiden fund, BluePeak Private Capital Fund I.

For more information, please see https://iclg.com/alb/17190-cdc-provides-usd-60-financing-bridge

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