Large-cheque impact capital for financial and health services
A global impact investor backing financial services and healthcare businesses serving emerging consumers, with substantial African exposure.
Use when
You are a scaled financial services or healthcare business seeking a large institutional round.
Skip when
You are a startup. This is a growth-equity fund writing cheques two orders of magnitude larger than a Series A, and it is listed here for context on who eventually buys into African businesses, not as a fundraising target for anyone reading a startup directory.
Status (21 Sep 2026): deploying Emerging Consumer Fund IV, closed at just over US$1.02 billion against a US$1 billion target. Initial tickets are typically US$30 million to US$70 million across 18 to 20 companies, taking control-oriented majority or significant minority stakes, in healthcare and financial services only, across Africa, South Asia and Southeast Asia. Cornerstone investors include Temasek, Prudential Financial, the EIB and the US DFC.
