Helios raises $1.1B for largest ever Africa-focused private equity fund

Helios Investment Partners said it has stopped taking contributions for its third and largest private equity fund for African investments after exceeding a $1 billion target.

Investors in the fund included sovereign wealth funds, corporate and public pension funds, endowments and foundations, and development finance institutions across the U.S., Europe, Asia and Africa, London-based Helios said in an e-mailed statement today. The fund has raised $1.1 billion.

Read more: Helios Raises $1.1 Billion for African Private Equity Investment – Bloomberg.