Education is vital to the growth of Africa’s investment community and ecosystem, says Kolawole Owodunni, chief investment officer at the Nigeria Sovereign Investment Authority.
More than one-third of the top 50 biggest GPs in private equity have used continuation funds on their assets – a trend that's likely to continue into 2022.
The goal is to provide for stable and predictable cashflows and market leadership positions that result in compounding returns over a longer timeframe, the firm has said.
PE firms are diversifying away from traditional third-party blind-pool fundraises amid further inflows from long-duration funds, GP stakes, insurance M&A and SPACs.
Data released this week show the average hold period for PE assets is at a record high, underscoring a wider trend that's appearing in various forms across the industry.