africa | November 18, 2017

Lateral Capital joins Capria Network

ImpactAlpha
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ImpactAlpha

Capria, which launched its acceleration program for new impact fund managers in 2015, has added two more funds to its network.

Lateral Capital, a New York-based fund, is raising $50 million to make debt and equity investments across sub-Saharan Africa. An unnamed Latin American fund manager is looking to raise $21 million to invest in high-impact tech startups in Chile.

With the two additions from its fourth fund manager training and selection process, Capria has seeded 11 fund managers collectively raising and deploying $400 million over the next five years.

Applications are open for Capria Network’s fifth investment cycle. All applicants will get feedback on investment structure and strategy.