GP hits 1st close with 5 LPs
Emerging Investment Partners (EIP) has touched first close on its maiden vehicle, raising the capital from five LPs. The fund is focused on emerging...
PIC in partial exit
Public Investment Corporation (PIC) has partially exited its stake in a South Africa-based pharmaceutical products producer.
The pension’s manager has sold part of its stake...
BlueOrchard names new CEO
Switzerland-based investor BlueOrchard Finance has named Philipp Müller as its new chief executive officer (CEO).
He takes over Patrick Scheurle, who has been in the...
Amethis consumer deal cleared
Amethis Finance's deal to acquire a minority stake in a Kenya-based consumer goods retailer has been cleared by a deals regulator.
The private equiteer has...
Atlas Mara portfolio profits spike 33%
Atlas Mara’s Nigeria-based financial services portfolio company Union Bank of Nigeria's (UBN) profits grew by 33% in the year ended December 2019.
UBN reported profits...
AfricInvest delivers 4th fund deal
AfricInvest has backed I&M Bank Rwanda, a financial services company based in Rwanda – sealing the fourth deal from its sophomore financial services-focused fund.
The...