About the fund
The AlphaJiri Investment Fund LP is a Mauritius-domiciled closed-end fund established in late 2019, managed by AlphaMundi Group's Nairobi-based team with governance and operational support from Triodos Investment Management. The fund targets SMEs across the food and renewable energy value chains in Sub-Saharan Africa, with an initial East Africa focus, deploying debt, mezzanine, and equity instruments with interest rates ranging from 9–15%. It was seeded with a $21 million anchor investment from Triodos Investment Management's Hivos-Triodos Fund, with Stiftung Abendrot — a Swiss sustainable pension fund — also serving as an anchor LP. The fund integrates a climate-smart and gender-lens approach across its investment strategy and is supported by a technical assistance facility funded through grants from development agencies in Sweden, the US, and Germany, channeled via the AlphaMundi Foundation. Portfolio investments include SunCulture (solar irrigation for smallholder farmers), Amped Innovation (off-grid energy appliances), and co-investments alongside the Nordic Development Fund, SunFunder, and the AfDB's OGEF facility.
