Fund vehicle

CardinalStone Capital Advisers Growth Fund II

Compiled from public sources

CardinalStone Capital Advisers Growth Fund II CCA II) is a generalist private equity fund managed by CardinalStone Capital Advisers (CCA). Domiciled in Mauritius, the fund's primary purpose is to provide growth capital to high-potential small and medium-sized enterprises (SMEs) across West Africa. The vehicle targets businesses at the growth and expansion stages, primarily in Nigeria and Ghana, with a mandate to opportunistically expand into Francophone West Africa, specifically Côte d'Ivoire and Senegal. Its investment strategy focuses on sectors essential to regional economic growth, including consumer goods and services, agribusiness, financial services, and selected industrial segments. The fund aims to professionalise portfolio companies through close operational support, improved governance, and institutionalisation to prepare them for regional scaling.

Manager

CardinalStone Capital Advisers

Vintage

2026

Strategy

Private Equity

Target size

$120m

Size

$76m

Status

Active