Address

Verod Capital Fund II
Lagos
Nigeria

Open Map


VCID: 404401
    Profile

    Corporate information


    Registration country
    Investment activity status
    Active investor

    Fund terms



    Overview

    USD 100,000,000 target.

    Funding rounds

    Fund Closing USD 115,000,000


    USD 115,000,000 (28 Jan 2016)
    Final closing.

    Investment preferences

    Investment criteria
    Verod's investment objective is to develop sector leaders, with a focus on companies with the potential for strong and sustained growth. Our investments typically utilize equity or equity-linked instruments with downside protection. Verod concentrates on growth capital investments, primarily in middle market opportunities. Verod's investment preference is for companies operating in the high-return sectors of consumer products, services, manufacturing, agribusiness, financial services, energy, and media and technology.

    Typically, these companies:

    Operate in markets that provide a realistic opportunity for substantial growth;
    Are not significantly reliant on single customers or suppliers; and
    Are profitable or have the potential to quickly reach profitability post funding.