Adenia Capital III (formerly I&P Capital III) is a EUR 95.8m private equity fund with a focus on the Indian Ocean area (Mauritius, Madagascar, Seychelles, Comores) and West Africa acquiring majority and controlling stakes in mid-sized companies. The Fund strengthens its investee companies with operational and strategic support and facilitates their regional growth. It is managed by I&P Management, a firm based in Mauritius.