Investors in Sierra Leone

Sierra Madre is a private equity (PE) group. Sierra Madre actively invests in and engages with companies to help them deliver significant change in their trajectory through strategy development, operational improvement and enhanced governance and sustainability practices. Sierra Madre’s team brings multi-stage investment experience across start-up, high-growth, carve-out,leveraged buyout and buy & build situations. Across economic cycles, the team has successfully deliveredreturns to investors, realizing investments through initial public offerings (IPOs), trade sales, private equity recapitalizations and management buy-backs.

Sierra Angels is a venture capital firm specializing in angel, seed/startup and early stage investments. It prefers to invest in technology companies with a focus on clean energy, internet, wireless, social media, health tech, technology innovations, alternative investments, and software companies. It typically invests in Nevada and California region and if located outside of these regions the firm will often collaborate with lead angel groups in that location. It prefers to invest in the range of $0.25 million to $2 million. It can invest more in further rounds. The firm seeks to make investments that realistically provide at least a 5-10X return within three to five years. The firm can take a lead role and collaboratively invest with other angel groups in the region and with earlier stage venture capitalists. It also co-invests. Sierra Angels was founded in 1997 and is based in Incline Village, Nevada.

Sierra Ventures is an early-stage venture capital firm founded in 1982 and headquartered in San Mateo, California. With over four decades of experience, the firm has invested in more than 100 companies, achieving over 20 IPOs and more than 50 mergers and acquisitions. Sierra Ventures focuses on Seed and Series A investments, typically committing up to $5 million for Seed rounds and up to $10 million for Series A rounds. The firm's areas of interest include enterprise software, artificial intelligence, cybersecurity, healthcare, and infrastructure. Notable investments include Reify Health, Phenom, and Astronomer. Sierra Ventures emphasizes a collaborative partnership with founders, offering resources across product development, go-to-market strategies, executive recruiting, and fundraising. The firm also provides access to its CXO Advisory Board, comprising over 75 Fortune 1000 technology executives, to support portfolio companies in scaling their businesses.

Grupo Sierra Capital is an investment banking, private equity and venture capital firm specializing in seed, startup, early venture, middle market, buyout and growth investments. It prefers to invest in manufacturing, export, food industries, software as a service and healthcare industry. The firm is open to evaluate new opportunities. It seeks to invest in Mexico, Central America, Colombia, the Caribbean, Guatemala, El Salvador, Panama and the Andean region. The firm makes investment from its personal capital. It invest in companies with EBITDA between $0.1 million to $2 million. Grupo Sierra Capital is based in Guatemala, Mexico.

Brightmore Capital is a private equity and venture capital firm specializing in early stages, growth capital, turn around, buyouts, restructuring, leverage buyouts and management buyouts. The firm considers investments in small and medium enterprises, agriculture and food processing, construction and real estate, health and medicine, technology, consumer and B2B services. The firm typically invest in francophone West African countries with focus in Cote d’Ivoire, Senegal, Guinea, Burkina Faso, Mali, Burkina Faso, Niger, Benin, Togo, Cameroon, cape verde, chad, gambia, Ghana, Mauritania, and sierra leone. The firm considers investments between $0.05 million to $3.26 million as per target investments. The firm prefers to exit its investments through IPO within four to six years. Brightmore Capital is based in Dakar, Senegal with an additional office in Abidjan, Ivory Coast.

Impact Fund Denmark is a private equity and venture capital firm specializing in financing in the form of equity, mezzanine, loans, debt and guarantees. It makes socially conscious investments. It makes directly & indirectly investments. Under directly investing, it invests in early stage & growth capital investments. Under indirectly investments, it invests in venture capital funds. It specializes in establishing new companies, setting up joint ventures between Danish companies and local business partners and in acquiring existing companies. It provides financing to private-sector projects in the developing countries. The firm can only invest in countries whose 2008 GNI capita income is below $0.03 million with an exemption granted to South Africa, Botswana, and Namibia. Also, the host countries of investments must be on the OECD’s DAC list of development aid recipients. It invests where private sector financing is unavailable or insufficient. It invests in sustainable growth and high-impact solutions in developing markets/countries. It does not invest in Forced labor or child labor, Ozone depleting substances, PCB's (Polychlorinated Biphenyls) and other specific, hazardous pharmaceuticals, pesticides/herbicides or chemicals, wildlife or products regulated under the Convention on International Trade in Endangered Species or Wild Fauna and Flora (CITES), Unsustainable fishing methods, Cross-border trade in waste and waste products, unless compliant with the Basel Convention and the underlying regulations, Destruction of High Conservation Value areas, Radioactive materials and unbounded asbestos fibres, Pornography and/or prostitution, Racist and/or anti-democratic media, Alcoholic Beverages (except beer and wine), Tobacco, Weapons and munitions, Gambling, casinos and equivalent enterprises, Standalone fossil fuelled power plants, Drilling, exploration, extraction, refining and sale of crude oil, natural gas and thermal coal, Storage, supporting infrastructure (pipelines etc.), transportation and logistics, and services primarily related to fossil fuels, Any business using captive coal for power and/or heat generation, Electricity generation from peat and activities leading to deforestation, Investments and/or other projects that aim to produce or make use of agricultural or forestry products, Biomaterials and biofuel production, Export-oriented agribusiness mod, Meat and dairy industries. It prefers investing in commercial services and supplies, biofuels, electric power by solar and wind energy and irrigation systems sector. The firm seeks to invest in climate and Agribusiness. It focuses its investments in Green energy & infrastructure with focus on Clean, affordable renewable energy, Waste recycling and management, Energy efficiency, Water access and management; Financial Services with focus on Microfinance, MSME financing, Development banks and Insurance; Sustainable food systems with focus on Climate farming, Storage and distribution, Processing, Forest and land; Healthcare with focus on Hospitals and clinics, Pharmacy chains, Diagnostic services, Pharmaceuticals & medical equipment. The firm prefers to invest in companies based in Africa focusing on North Africa, Sub-Saharan Africa, South America, Central America, Middle East and Algeria, Angola, Benin, Botswana, Jordan, Denmark, Senegal, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Comoros, Congo (Brazzaville), Democratic Republic of Congo, Côte d'Ivoire, Djibouti, Egypt, Arab Rep., Eritrea, Ethiopia, The Gambia, Ghana, Guinea, Guinea-Bissau, Kenya, Lesotho, Liberia, Libya, Madagascar, Malawi, Mali, Mauritania, Morocco, Mozambique, Namibia, Niger, Nigeria, Rwanda, Senegal, São Tomé and Principe, Sierra Leone, Somalia, South Africa, Sudan, South Sudan, Swaziland, Tanzania, Togo, Tunisia, Uganda, Zambia, Zimbabwe; Asia focusing on Afghanistan, Bangladesh, Bhutan, Cambodia, China, Fiji, India, Indonesia, Iran, Iraq, Brazil, Malaysia, Turkey, Mexico, Kiribati, Laos, South Korea, North Korea, Kyrgyzstan, Maldives, Federal States of Micronesia, Mongolia, Myanmar, Nepal, Marshall Islands, Pakistan, Papua New Guinea, Philippines, Western Samoa, Solomon Islands, Sri Lanka, Syria, Tajikistan, Thailand, East Timor, Tonga, Turkmenistan, Tuvalu, Uzbekistan, Vanuatu, Vietnam, West Bank and Gaza, Yemen; Europe focusing on Albania, Russia, Armenia, Azerbaijan, Caucasus, Belarus, Balkans, Bosnia & Herzegovina, Bulgaria, Croatia, Montenegro, Romania, Slovenia, Georgia, Kosovo, Macedonia, Moldova, Serbia, Ukraine; and Latin America with a focus on Belize, Bolivia, Colombia, Cuba, Dominican Republic, El Salvador, Grenada, Guatemala, Guyana, Haiti, Honduras Nicaragua, Paraguay, Peru, Saint Lucia, Saint Vincent and The Grenadines, Suriname, Ecuador, and Jamaica and North Asia, United States of America, Latin America and parts of Europe. It seeks to invest between from DKK15 million ($2.32 million) and DKK500 million ($77.52 million). The firm can invest up to DKK350 million ($51.34 million) per company. The firm seeks to co-invest with Danish businesses in projects based in developing countries. It prefers to take minority stake between 10% to 30% and up to 49 per cent in small projects. It prefers to take a board membership. The firm prefers to exit its investments within five to seven years when the loan has been repaid or the shares have been sold. The firm also offers special assistance to small and medium-sized enterprises which employs less than 300 employees, with an annual revenue of up to DKK 300 million ($53.16 million) and has a positive result in two out of three latest financial years. It also provides advisory services to business investments in developing countries. The firm makes two thirds of its investments in partnership and can also provide additional financing. Impact Fund Denmark was founded in 1967 and is based in Copenhagen, Denmark with additional offices across Asia, Europe, South America, and Africa.

Unique Venture Capital Management Company Limited is a private equity and venture capital firm specializing in expansion financing, acquisition and management buyouts, and multiplier effect and SME spin offs. It does not invest in trading and financial services, real sector, services, and microfinance sectors. The firm primarily invests in startup, first stage, and early stage investments in small and medium-sized enterprises. It typically invests in agriculture sectors with a focus on poultry, fisheries, and piggery; services sectors including cash movement and leisure and tourism; and in the manufacturing sector. The firm seeks to invest in West Africa with a focus in Nigeria, Liberia, and Sierra Leone. It considers a maximum investment of N200 million ($1.20 million). The firm considers investee companies with maximum N500 million ($2.99 million) in net assets excluding land. It typically takes up to 40 percent of equity stake. The firm seeks to take board positions in its investee companies and may provide management advisory services. It seeks to exit its investments between three and five years. Unique Venture Capital Management Company Limited was founded in 2004 and is based in Lagos, Nigeria.