Underwriting Criteria 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
Geographic Focus Brightmore’s predominant focus is on making investments in francophone West Africa, with the two primary countries of Cote d’Ivoire (40%) and Senegal (40%). The remaining 20% 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.