TLG Capital Raises $120 Million to Expand Private Credit for African SMEs
TLG Capital has secured $120 million for its AGIF II fund, expanding its BOMA private credit model to provide financing for African SMEs through partnerships with local banks...
✨ Key Highlights
TLG Capital has successfully raised $120 million in the second close of its Africa-focused private credit fund, AGIF II. This significant capital injection from 22 institutional investors aims to expand financing options for small and medium-sized enterprises (SMEs) across Africa.
- The fund has raised a total of $120 million.
- Key investors include African Reinsurance Corporation (Africa Re), Calvert Impact, Proparco, and Tsao Family Office.
- TLG Capital employs a BOMA (Bank Originated & Mitigated Assets) model, partnering with African banks to de-risk investments and attract institutional backing for SMEs.
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