CardinalStone Capital Advisers
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
7
Website
cardinalstonepe.comInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Zone | Mar 2024 | Seed | Co-investor |
| Kobo360 | Dec 2018 | Seed | Co-investor |
| Arnergy | Apr 2025 | Series B | Lead |
| Recyclan | Aug 2023 | Growth Equity | Lead |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is CardinalStone Capital Advisers based?
CardinalStone Capital Advisers is headquartered in Lagos, Lagos, Nigeria.
When was CardinalStone Capital Advisers founded?
Founding year information for CardinalStone Capital Advisers is not publicly available.
How many portfolio companies does CardinalStone Capital Advisers have?
CardinalStone Capital Advisers has 7 portfolio companies in Caplight's dataset.
What are some companies in CardinalStone Capital Advisers's portfolio?
Portfolio companies visible on Caplight include Zone, Kobo360, Arnergy, Recyclan.
What was CardinalStone Capital Advisers's most recent investment shown here?
CardinalStone Capital Advisers's most recent investment in this portfolio sample was in Arnergy in 2025.
What sectors does CardinalStone Capital Advisers focus on?
CardinalStone Capital Advisers focuses on Energy & Sustainability, Consumer & Commerce, Energy & Sustainability, Consumer & Commerce, Mobility, Transportation & Logistics, Energy & Sustainability, FinTech, Crypto & Web3, Frontier & Industrial Tech, Enterprise Software, Frontier & Industrial Tech, Healthcare & Life Sciences.
What company stages does CardinalStone Capital Advisers focus on?
CardinalStone Capital Advisers typically invests at the Early stage.
What is CardinalStone Capital Advisers's AUM?
CardinalStone Capital Advisers's assets under management are estimated at over $64.0M.