• Strategy: Open ended credit fund with superior risk adjusted returns and high social impact
  • Liquidity: 12 month redemption profile
  • Quarterly dividend of 8-10% paid since inception
  • Target Market: Capital starved SMEs with a proven track record in sub-Saharan Africa
  • Sector focus: Healthcare and financial inclusion
  • World Class Partners: Fairfax, CIPLA, JCDecaux, Medical Credit Fund
  • Key Investors: Swedfund, family offices and high net worth individuals with substantial experience in the Global and African Private Equity and Debt Sectors
  • Founding Belief: Social development and commercial returns can and should go hand in hand
  • Investment Philosophy: Seeks to address UN Sustainable Development Goals 1, 3, 5, 8 and 9 (No Poverty, Good Health, Gender Equality, Economic Growth and Innovation)
Equity-enhanced returns with debt liquidity
  • Generates equity-enhanced returns with debt liquidity with shorter investment holding periods than typical PE
  • Safer than pure equity with reliance on legal protection, security and credit enhancement
  • Self-liquidating nature of credit investment makes for easier, timely exit – as opposed to pure equity plays which are challenging to monetise especially in sub-Saharan Africa
The “Missing Middle” - A Solution
  • Small and medium sized enterprises (SMEs) account for over 50% of jobs and 35% of GDP in many emerging markets
  • Yet SMEs are significantly under-served by traditional financial institutions
  • COF supports quality African SMEs that have little access to debt financing
  • ESG and impact metrics are key priorities