AVCA appoints five new directors

A Carlyle managing director is among the new appointments at the African private equity association.

Carlyle’s Genevieve Sangudi is one of five new appointees to the African Private Equity and Venture Capital Association’s board of directors.

Sangudi, who is a managing director at The Carlyle Group, played a leading role in launching the firm’s first Sub-Saharan Africa fund, including its fundraising and investment strategy. Prior to this, she was a partner at Emerging Capital Partners, establishing the firm’s Nigerian operations.

The other new appointments are Antoine Delaporte, founder and managing director at Adenia Partners; African Capital Alliance chief executive Cyril Odu; Jerry Parkes, managing principal at Injaro Investment and Luc Rigouzzo, a managing partner and co-founder at Amethis Finance, a long-term investment fund established in partnership with Edmond de Rothschild Private Equity.

The five new directors are additions to the AVCA leadership team, bringing the total headcount to 17.

On Tuesday the Southern African Venture Capital Association and the equivalent East Africa association added to their senior management teams, as reported by sister publication pfm.