Greylock joins U.S. government in African venture

Fri Jun 26, 2009

New York-based Greylock Capital is forging ahead with a new Africa fund with the backing of the U.S. government’s Overseas Private Investment Corp. The emerging markets specialist also has plans for a Latin American fund along similar lines.

The Africa fund has commitments of $77 million. Greylock is aiming to raise $200 million to $300 million over the next few months, investing in...

ISSN: 2151-1845 / CDC10004H

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