Agribusiness
Why Phatisa closed PFF2 fund below 2019 $300 million target

Why Phatisa closed PFF2 fund below 2019 $300 million target

Focused on agriculture, South Africa-based impact fund manager Phatisa welcomed five Development Finance Institutions (DFI) in its latest round yet remains far from its initial target of $300m.

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            ▪ Why Phatisa closed PFF2 fund below 2019 $300 million target

▪ Focused on agriculture, South Africa-based impact fund manager Phatisa welcomed five Development Finance Institutions (DFI) in its latest round yet remains far from its initial target of $300m.

https://www.jeuneafriquebusinessplus.com/en/806949/no-explanation-why-phatisa-closed-pff2-fund-below-2019-300-million-target/

11/02/2021 at 20h17, by Jeune Afrique Business+, updated 12/02/2021

Founded in 2011 and led by Zambian Valentine Chitalu, a former accountant with KPMG UK, Phatisa completed the final round of funding for its Phatisa Food Fund 2 (PFF2) but remained far from its initial target of $300 million set in 2019.

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