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La Defense, Paris
Banks are changing the way security notices are issued to LPs following the firm's collapse.
The Tunisia-headquartered firm will target around $500m for AfricInvest Fund IV, according to a source with knowledge of the fund.
More capital than ever is flowing to the continent’s entrepreneurs. With venture capital deal sizes increasing and international VCs joining local counterparts, is African VC reaching critical mass? Vicky Meek reports
Colony Capital’s acquisition of the firm’s LatAm business is the most progressed of the sales processes underway for Abraaj funds, according to documents seen by PEI.
Henri de Castries – who led the €1.4trn French insurance giant from 2000 to 2016 – will provide the firm’s board with new relationships and strategic guidance.
Buttressed by a hefty proportion of capital and expertise provided by development finance institutions, African GPs are a force for sustainable change.
The main LPs to meet? The most jaw-dropping view? Tanya van Lill, chief executive of the Southern African Venture Capital and Private Equity Association, gives the lowdown for first-time visitors.
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