Capital Alliance Private Equity IV

The proposed project is for an equity investment of US$40.0 million in Capital Alliance Private Equity IV (“CAPE IV” or “the Fund”), a 10 year closed-end private equity fund targeting growth companies in Nigeria and other countries along the Gulf of Guinea. The Fund is seeking to raise $600 million total committed capital. IFC invested in CAPE I in 1999 as part of its strategy to support the creation and growth of the private equity industry in Nigeria and in Africa. IFC has since invested in CAPE II, CAPIC and CAPE III funds raised by the sponsor.