Fund vehicle

Abadali Fund

Compiled from public sources

The Abadali Fund is a Black Business Growth Fund designed to provide debt financing on flexible terms to small and medium-sized enterprises (SMEs) in South Africa. The fund aims to support majority black-owned and controlled enterprises that do not meet traditional commercial banking criteria. The fund focuses mainly on the industrial, green economy, and township economy sectors to promote local economic transformation, enterprise growth, and job creation.

Manager

Edge Growth Ventures Proprietary Limited

Vintage

2021

Strategy

Private Credit

Size

$18.3m

Status

Closed