Analysis > Analysis and Strategy

Largest PE realisation for toll road infrastructure

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In 2016, African Infrastructure Investment Managers (AIIM) sold investments in three privately-concessioned toll roads in Southern Africa to a consortium of largely existing investors including Public Investment Corporation, Liberty Group, Old Mutual and Africa Finance Corporation. The sale, which was structured via the South Africa Infrastructure Fund (SAIF), represents the largest private equity realization for toll road infrastructure in Africa to date.