Kuramo Capital Limited has reached first close on Kuramo Africa Opportunity Fund IV (KAOF IV), a private equity fund targeting US$100 million, with commitments from Nigerian pension fund administrators. Its counsel describe it as the first close of a local-currency private equity fund in Nigeria outside the infrastructure sector. The amount raised at first close was not disclosed.
Advisers: Solt Legal advised Kuramo Capital on the structuring, establishment and first close of the fund, including regulatory engagements and negotiations with limited partners. The team was led by managing partner Moji Fashola, with Timothy Davies and Chidiebere Obialor. Counsel to the investors were not named.
Source: Legal Era, 20 October 2026. Added to The Meridian register on 31 October 2026.
