Fidelity Equity Fund II (“FEFII”) is a successor fund to FEFI. The Fund which was closed in August 2008 has total committed capital of USD 23.23 million. The Fund is fully invested in 7 portfolio companies across 6 sectors including real estate, healthcare, financial services, pharmaceutical and agro-processing and industrial consumables
FEFII targeted mid-market businesses that are well-established and positioned in their local market and have the potential to scale up their activities on the regional level. The LPs in the Fund include FMO, SSNIT, SIFEM, FINNFUND, VCTF, SOVEC, OIKOCREDIT and the Management team
The Fund has fully exited from 1 Portfolio Company. The Fund's investments range from USD 0.8 million to USD 3.5 million, with an average transaction size of USD 2.0 million (through multiple rounds of investment).
