Adenia Partners is a private markets investment firm committed to responsible investing and a sustainable Africa. Founded in 2002, Adenia has a proven track record with 31 platform investments executed and 17 realised exits. Adenia Capital (V) LP will continue Adenia’s long-term investment strategy of making control investments in medium-sized companies across Africa with proven business models that demonstrate ample room for operational and environment, social and corporate governance (ESG) improvements.
This fifth fund will be Adenia's first fully pan-African fund, leveraging the firm’s extensive on-the-ground presence in seven offices across the continent to source and manage investments. Adenia (V) also has some unique ambitions with regards to impact; the fund has been selected as a 2X Flagship Fund in recognition of its goal of promoting gender equality.
Additionally, Adenia (V) will set carbon reduction targets for all investees in the fund, steering toward a reduction in CO2 intensity over the lifecycle of the investment, based on annual greenhouse gas (GHG) monitoring and a bespoke action plan.
Adenia (V) will target between 10 and 12 investments, with a median deal size between $30 million and $50 million. By creating stronger companies with quality jobs, fostering economic improvement, and elevating companies to meet ESG standards, Adenia is increasing the enterprise value for investors, whilst benefiting workers, communities and companies in Africa.