Altica Partners, an Africa-focused investment firm that provides credit strategies to Impact and ESG conscious institutional investors, has appointed Andrew Ofori as a Partner of the firm and a member of its investment committee.

Ofori will lead Private Credit investments and expand the firm’s strategies targeting fast growing businesses in Africa.

Prior to Altica Partners, Ofori worked at Standard Chartered as the MEA Head of Structured Credit and Head of Private Side Structuring, where he led structured financings, Private debt and Derivativfunding transactions.

He was previously at Goldman Sachs, in Emerging Market Financing and European Special Situations, where he led private capital investments and executed numerous private lending transactions.

“We are delighted to welcome Andrew who brings two decades experience in Emerging and Developed markets credit,” said Ebele Okeke, Managing Partner and CEO.

“I am excited to continue the partnership we began at Goldman Sachs and his expertise in structuring, monitoring and risk management of private credit portfolios will be invaluable at Altica Partners”.

Ofori will work on the flagship Africa Opportunities Fund targeting Senior, Mezzanine and Uni-tranche investments in high-growth businesses accelerating the pandemic recovery of Africa’s private sector.

The firm has also announced new members of its Senior Advisory Board: Andrew Gamble, consultant and non-executive director, and Nick Tims, founder of Kivu Capital, an African Advisory firm and former Managing Director at Investec Asset Management (now Ninety One).