According to bank documents, the proposed project consists of an equity investment of US$50 million in Helios Investors IV, L.P., a Cayman Islands exempted limited partnership targeting US$1.25 billion in third-party commitments. The Fund’s investment strategy is to make mid-to-large cap growth equity investments for significant minority and control positions in market-leading, diversified platform companies in Africa.
The proposed project is for an equity investment of US$50 million, not to exceed 20% of total committed capital. The target size of the Fund is US$1.25 billion in commitments.
The Fund will be managed by Helios Investment Partners, LLP, a London-headquartered pan-African focused private equity firm that has invested US$3.6 billion in African businesses over the past 13 years. Established in 2004 by Temitope Lawani and Babatunde Soyoye, Helios is a limited liability partnership registered in England and Wales. Helios has offices in London, Nairobi, and Lagos, comprising a team of 41 investment professionals including 14 partners. IFC has committed to three other funds managed by Helios - Helios Investors I, Helios Investors II, and Helios Investors III.
ACCOUNTABILITY MECHANISM OF IFC
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/