Zoscales I

Zoscales Fund, L.P. (“Zoscales” or “the Fund”) is a 10-year closed-end generalist private equity fund targeting to invest in small and medium enterprises (“SMEs”) primarily in Ethiopia, and opportunistically in the rest of East Africa. The Fund is seeking to raise US$75 million in total capital commitments. The project will be supported by the IFC. Additionally, the Blended Finance Facility of the IDA18 IFC-MIGA Private Sector Window (PSW), created by the Word Bank Group to catalyze private sector investment in IDA countries, with a focus on fragile and conflict-affected states will co-invest with the IFC. The Blended Finance Facility will help the SME-Ventures funds attract more private sector investors and reach more SMEs.