Fund vehicle

Adenia Entrepreneurial Fund I (AEF I)

Compiled from public sources

The Adenia Entrepreneurial Fund (AEF I) is a closed-end private equity vehicle that marks a strategic return to Adenia Partners' focus on small- and lower-mid-cap companies across Africa. It complements the firm's larger mid-cap fund series by targeting founder-led Small and Medium-sized Enterprises (SMEs). It aims to take control of investments to drive significant operational and governance improvements. The fund maintains a sector-agnostic approach but focuses on consumer goods, B2B services, light manufacturing, healthcare, renewable energy, education, and financial services, with a geographic focus across Africa, particularly the Southern Neighbourhood and Sub-Saharan Africa.

Manager

Adenia Partners

Vintage

2025

Strategy

Private Equity

Target size

$150m

Size

$180m

Status

Closed