July 1, 2022
Victoria Mutual Investments Limited (VMIL) has advised that the Company has partnered with London-based Actus Partners (Actus), and together they have successfully completed the first closing of a new Caribbean private equity fund focused on Small & Medium Enterprises (SMEs). The fund, named the Jamaica Actus Small & Medium Enterprises Fund I (JASMEF), is supported by DBJ to the tune of US$5.5M via a partnership between the World Bank and the Jamaican Government.
VM Investments is participating in the management company for JASMEF, namely VMIL Actus Caribbean PE Limited. VM Investments will also have a representative on the fund’s committee to screen/assess investments in prospective SMEs.
For further details, visit www.jamstockex.com.
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