Target size of investments: €1 million – €3 million*
Have a well-defined and measurable positive economic and social impact
Opportunities with reputable co-investment partners
Entrepreneurs and management must have their “skin in the game”
Equity investments with auxiliary debt instruments utilized to manage investment risk and provide an avenue for partial exists
Targets can benefit from Brightmore expertise and consultative approach to value creation
One a limited basis, investments in new ventures with initial capital expenditures ranging from $500k to $2 million
* Under specific circumstances, deals executed may be above or below the target range, not exceeding 10% of the fund size
Geographic Focus
Brightmore’s predominant focus is on making investments in francophone West Africa, with the two primary countries of Cote d’Ivoire and Senegal (70%). The remaining 30% of the fund is allocated to investments in other countries in the region on an opportunistic basis: Guinea, Mali, Burkina Faso, Niger, Ghana, Benin and Togo.