Ascent announces final close of Ascent Rift Valley Fund II
Lucas Kranck, Ascent's Founding Partner. He notes that investors have given us a strong mandate to continue investing in fast growing SMEs in East Africa
Private-equity fund manager Ascent has announced the final close of its Ascent Rift Valley Fund II (ARVF II) at more than US$ 128 million, exceeding its initial target of US$ 120 million. The first close of ARVF II was in in December 2020.
ARVF II is a ten-year private equity fund managed by Ascent Capital Management Africa II Ltd and is domiciled in Mauritius. ARVF II, assisted by the manager
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