Abraaj Latin America Fund II, L.P. (ALAF II) is raising $600 million to make 12-15 growth equity investments in middle-market companies located in Mexico, Colombia, Peru, and Chile.
The general partner of ALAF II is Abraaj Latin America Fund II GP Limited. The investment manager is Abraaj Investment Management Limited. Both of these entities fall under The Abraaj Group, a global private equity fund manager established in 2002 that invests across Asia, Africa, Latin America, the Middle East and Turkey.
ALAF II will operate and invest in Mexico, Colombia, Peru, and Chile. ALAF II and the general partner are domiciled in the Cayman Islands. Abraaj Investment Management Limited is headquartered in Dubai.
The Fund will seek control or significant minority (with strong minority rights) positions. The Fund is sector agnostic, but will focus on the consumer sector, logistics, manufacturing, education and developing energy generating/trading assets. primarily in Chile, Mexico, Colombia and Peru. While the Fund could potentially invest in activities of high environmental and social (“E&S”) risks, the E&S risks are considered to be low to medium and mainly entail limited adverse E&S risk and impacts (management of waste/wastewater/air emissions and occupational health and safety of employees) that are few in number, generally site-specific, largely reversible and readily addressed though appropriate mitigation measures. Therefore this project has been classified as Category FI-2 according to IFC’s Environmental and Social Review Procedure.
ALAF II is targeting $600 million in total commitments. The proposed IFC equity commitment is up to $20 million, not to exceed 20% of aggregate capital commitments.
Abraaj Latin America Fund II, L.P. is raising $600 million to make 12-15 growth equity investments in middle-market companies located in Mexico, Colombia, Peru, and Chile.
Mr. Mujtaba Hussain
Office Address: 3rd Floor, GV08, DIFC, Dubai, P.O.Box 504905, UAE
Contact No.: +971 4 506 4400
Email Address: firstname.lastname@example.org
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