Angola Capital Partners LLC
- Active: Active
- Region: Africa
- Country: Angola
- Sector: Investment funds
- Year: 2009
- Domicile: Delaware
- Instrument: Equity
- Commitment (MNOK) as of 30.09.2018: 1.4
- Original Commitment (MNOK): 1.4
Angola Capital Partners is a management company that manages Angola's first private equity Funds FIPA I and FIPA II.
Angola Capital Partners has raised a total of USD87 million for providing growth capital to Angolan companies through its two investment funds. FIPA I raised USD39 million of committed capital, now fully deployed, whilst FIPA II had a second closing in December 2017 and has USD47.5 million of committed capital with the same 10-year maturity period.
Norfund owns 50 per cent of the company, while the remaining 50 percent are held by the local bank Banco Africano de Investimento (BAI). Norfund worked for several years to establish both FIPA and Angola Capital Partners LLC, because the Angolan capital market has previously not had this type of institution.
Investors in the two FIPA funds are Norfund, Banco BAI, IFU, the European Investment Bank, the Spanish Development Agency, Banco Atlântico and Norsad.