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Soros Economic Development Fund approves €4m commitment

The British non-profit foundation has backed a Uganda-focused agribusiness fund.

Institution: Soros Economic Development Fund
Headquarters: London, United Kingdom
AUM: $350m
Bitesize: $1-5m

Soros Economic Development Fund, a development arm of the Soros Foundation, has committed €4 million to Yield Uganda Investment Fund. The fund, managed by Pearl Capital Partners, focuses on debt and equity investments of around €1 million in small and growing agribusinesses in Uganda.

As illustrated below, this is the foundation’s second commitment to an agriculture fund, having previously committed to 2008 vintage IGNIA Fund I.

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