CDC Group approves fund commitment

The UK development finance institution has backed a South African infrastructure fund.

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Institution: CDC Group
Headquarters: London, United Kingdom
AUM: £5.80bn
Bitesize: $50-100m

CDC Group has agreed to commit an undisclosed amount to Inspired Evolution Investment Management’s Evolution Two Fund, according to a press release on the fund manager’s website. The fund invests in South African renewable energy infrastructure.

As illustrated in the charts below, all of CDC’s recent fund commitments have focused on Africa and the Middle East.

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