ARM-Harith infrastructure fund holds first close at $91mln

The planned $250 million closed-end private equity infrastructure fund launched by Asset & Resource Management Company and Harith General Partners has held its first close at $91 million. As well as the two sponsors of the fund, other investors in the fund include Nigerian pension funds Chevron, Progress Trust and Total E&P together with the African Development Bank.

Read more at AllAfrica…


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