AlpInvest looks to Africa

Already active in Latin America and Central and Eastern Europe, the Dutch limited partner is looking to take advantage of the investment opportunity in Africa, CEO Volker Doeksen said today in New York. The Netherlands-based investor pursues fund, secondary, co-investment and mezzanine opportunities.

AlpInvest, Europe’s largest limited partner with more than €40 billion ($56.4 billion) under management, is examining investment opportunities in Sub-Saharan Africa, according to AlpInvest Partners chief executive Volker Doeksen.

Volker Doeksen

Doeksen made his comments regarding the emerging markets today at the Dow Jones Private Equity Analyst Conference.

AlpInvest has made commitments to two South African funds and is actively looking at several regional funds in Africa, said Doeksen.

AlpInvest has invested in Latin America for more than 10 years, staying the course on the continent despite a collapse in the 1990s that resulted in most investors departing from those markets, said Doeksen.

Doeksen is also bullish on Central and Eastern Europe where AlpInvest is an active investor.

The Netherlands based investor manages the private equity investments of Dutch pension funds ABP and PFZW as well as commitments from a group of pension funds in Europe and Canada.

AlpInvest pursues fund, secondary, co-investment and mezzanine opportunities.