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I&P Capital II |
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| Size |
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Euro 37.2 Million |
| Stage |
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Final Investment stage |
| Investment |
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Euro 1 M to Euro 6 M |
| Geographic Scope |
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Mauritius, Madagascar, Comoros and Seychelles |
| Start Date |
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August 2007 |
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Board Members
The Board of I&P Capital (II) Ltd consists of non-executive directors appointed by the Investors as well as of independent directors who are:
- Arif Currimjee, CEO of VIAO Ltd
- Gilbert Espitalier-Noël, Director of ENL Group
- Antoine Seeyave, Chairman of Happy World Ltd
- Naina Andriantsitohaina, General Manager of the Andriantsitohaina group (Prochimad SA, Virio SA, ULTIMA Media)
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Investors
Investors in I&P Capital (II) are a combination of large reputed international
Investors and regional individual business people. Directors and senior managers
of I&P Management collectively hold 15% of I&P Capital (II) Ltd. The institutional
Investors are: Proparco, the European Investment Bank (EIB), the Sugar Industry Pension
Fund, the International Finance Corporation (IFC), Norfund, Commonwealth Development Corporation (CDC).
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Advisory Board
The Advisory Board of the fund is composed of representatives of the Investors. Its role is to
consider and decide on eventual conflict of interest in relation to the business of the Fund. It
also advises on the implementation of the Investment Policy.
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Licensing
I&P Capital (II) is licensed and regulated by the Financial Services Commission and is
incorporated in Mauritius under the Companies Act, with limited liability.
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