CardinalStone Capital Advisers
Lagos, Lagoscardinalstonepe.com
Overview
CardinalStone Capital Advisers (CCA) is a West African private equity fund manager that spun off from CardinalStone Partners in 2016. The firm manages the CardinalStone Capital Advisers Growth Fund LP (CCAGF), a $64 million fund established to support the growth and institutionalization of small and medium-sized enterprises (SMEs) in Nigeria and Ghana. The fund is generalist, targeting sectors such as industrials, agribusiness, consumer goods and services, education, healthcare, and financial services with equity investments.
Portfolio Companies
9
Website
cardinalstonepe.comInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Arnergy | Apr 2025 | Series B | Lead |
| Zone | Mar 2024 | Seed | Co-investor |
| Recyclan | Aug 2023 | Growth Equity | Lead |
| Bastion Health | Nov 2022 | Series A | Lead |
| Qore | Apr 2021 | Series A | Lead |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
