Fund vehicle
Aureos Africa Health Fund
The Aureos Africa Health Fund is a private equity investment vehicle originally established by Aureos Capital (later managed by The Abraaj Group) to invest in the private healthcare sector across Sub-Saharan Africa. The fund aims to generate commercial returns for investors while improving access to affordable, high-quality healthcare services for low-to-middle-income populations. Its investment strategy targets small and medium-sized enterprises across the healthcare value chain, including hospitals, clinics, diagnostic centres, laboratories, pharmaceutical manufacturing, and distribution, as well as health insurance and medical education providers. The fund was anchored by major development finance institutions and philanthropic organisations, operating with a dual mandate of financial performance and social impact, particularly focusing on the Health in Africa Initiative goals.
- Manager
- Aureos Capital Limited
- Vintage
- 2009
- Strategy
- Private Equity
- Target size
- $120m
- Size
- $105.4m
- Status
- Exited
Disclosed limited partners
- DEG (Deutsche Investitions- und Entwicklungsgesellschaft mbH)
- Development Bank of Southern Africa (DBSA)
- Gates Foundation (Bill & Melinda Gates Foundation)
- International Finance Corporation (IFC)
- Proparco
- The African Development Bank Group (AfDB)
- The ELMA Growth Foundation
- The Norwegian Investment Fund for Developing Countries (NORFUND)
Sources
- Partner Researchers, accessed 14 November 2026