In July, Vantage Capital, Africa’s largest mezzanine fund manager, has announced the successful first close on its fourth mezzanine fund. AGF’s Anna Lyudvig caught up with Warren van der Merwe, Managing Partner to learn more about the fund, current trends and opportunities in mezzanine debt.
Interviews / Q&A
Imara Asset Management is planning to launch a new long-only equity Imara Fintech Fund, which targets high quality companies with scale-able technology, low customer acquisition costs and have long and wide runways for growth. According to Lead PM, Tony Schroenn, Imara started to pivot towards FinTech at the end of 2019. “We saw how beneficial it was, and how well it was working, we did a further pivot in 2020,” he recalls.
AGF speaks with Llewellyn Ford (pictured), Head: Investor Services, South Africa; Adam Bateman (AB), Head: Business Development, Investor Services; and Hari Chaitanya (HC) Head: Investor Services Product Management, Standard Bank, about African asset servicing industry, tech innovation and Standard Bank’s services
AGF’s Anna Lyudvig speaks with Angela Miller-May, CIO of the Chicago Teachers’ Pension Fund, about the Fund, investments opportunities in Africa and private equity
On the occasion of the Africa Financial Industry Summit, Anna Lyudvig spoke with Thapelo Tsheple, CEO of Botswana Stock Exchange to discuss investment products, IPOs and why Botswana is an ideal destination for investment.
In March, RisCura launched a series of impact fund of funds – the first of its kind in South Africa. According to Malcolm Fair, Managing Director, RisCura, there is a global shift in the way investors think about their investments - they want more accountability and are increasingly moving towards purpose-driven investment where they can make a positive impact through their assets.
In February, Africa Finance Corporation, one of the biggest investors in infrastructure solutions in Africa, appointed new Executive Director and Chief Investment Officer, Sameh Shenouda. AGF’s Anna Lyudvig speaks with Mr. Shenouda about his investment philosophy, experience, infrastructure trends and more
AGF’s Anna Lyudvig speaks with Tariye Gbadegesin, Managing Director & Chief Investment Officer at ARM-Harith about the current state of African infrastructure, the drivers of successful investing in Africa and more. With over 20 years’ experience, Tariye has mobilized over $3bn of capital for infrastructure projects in Africa. Tariye sits on the Millennium Challenge Council’s Advisory Board and is on the Advisory Committee on Infrastructure to the United Nations Principles for Responsible Investment.
In October 2019, Egypt’s government launched its first Sovereign Wealth Fund (SWF) named “Tharaa” (Arabic for wealth) to maximize the value of public sector assets. Africa Global Funds’s Anna Lyudvig speaks with Abdalla ElEbiary, Chief Investment Officer at The Sovereign Fund of Egypt (TSFE), to learn more about the fund, progress being made, investment plans and more.
East Africa is among the fastest growing regions in the world. The entire region has seen consistent GDP growth over the last decade, including in 2020 despite the Covid-19 pandemic. The region enjoys political stability, and diversified economic activity including the emergence of oil and gas as new investment pillar. MLC identified East Africa as the most attractive in Sub Saharan Africa, and a high priority for development. Heri Bomani is Executive Director and Chief Investment Officer at German investment company MLC Properties. In this Interview, he provides insights on the East African real estate market and some of its undiscovered opportunities.
Over the last few years, there has been a dramatic increase in gender lens investing, a strong indication that the financial sector is working to balance a legacy of lopsided investments. Finnfund, a Finnish development financier and impact investor, has since April 2019 invested over €121m in companies that promote women’s empowerment in developing countries. “Investing in gender equality is important because globally, there are major differences in the status of men and women and their opportunities to participate. Finnfund assesses each of its investments before making a decision, taking into account whether the investment can be expected to promote gender equality,” says Ulla Huotari, Investment Manager at Finnfund.
Ali Khalpey, CEO, EFG Hermes Frontier tells Africa Global Funds about the firm’s brokerage services in Africa and more
Africa Global Funds’s Anna Lyudvig speaks with Jean Claude Permal, Executive Director and Chief Operation Officer (up) and Husayn Sassa, Head of Fund Administration & Investor Services (down) at AXIS to discuss trends in the fund administration industry and more.
In October, Vantage Capital, Africa’s largest mezzanine fund manager, made a $28m equity investment to acquire a significant minority shareholding in the Cliniques Internationales du Maroc Group (CIM Santé Group). For Vantage, this was the largest growth-capital investment to date. AGF’s Anna Lyudvig speaks with Luc Albinski (pictured), Managing Partner, and Driss Benabdeslam, Associate Partner at Vantage Capital, to discuss details.