Amadeus Capital Partners announces new partnership with HarbourVest Partners to support Digital Prosperity Fund I in $87m secondary
Amadeus Capital Partners announces new partnership with HarbourVest Partners to support Digital Prosperity Fund I in $87m secondary
In a transaction totalling $87 million, MTN Group, the South Africa‐based telecommunications company, has sold its interest in Digital Prosperity Fund I and an allied co‐investment vehicle for TravelStart Group, both managed by Amadeus Capital Partners, to HarbourVest.
Digital Prosperity Fund I is a 2013 vintage fund containing interests in 10 companies, operating in India, Brazil, Turkey and other emerging markets. MTN was the largest investor in fund. HarbourVest will support the future growth of the portfolio, which will continue to be managed by Amadeus.