MoFo Advises Apis Partners on Final Close of $287m Maiden Growth Fund

03/09/2017

Rob Mailer and Oliver Rochman

Corporate, Private Equity Funds, and Emerging Companies + Venture Capital

MoFo News Item

Morrison & Foerster has advised Apis Partners, the financial services-focused private equity firm, on the final close of its first private equity fund, Apis Growth Fund I, a growth fund targeting emerging markets. The fund, with five investments already completed, targets fintech and other financial services deals in Africa and South Asia in particular.

The fund attracted $287 million, well above its $250 million target. ‎It ‎received backing from a diverse range of LPs (over 30 in total), including fund-of-funds, institutional investors and development finance institutions.

The MoFo team advising Apis Partners consisted of London Corporate partners Rob Mailer and Oliver Rochman.

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