View all newsletters
Have the short, sharp Spear's newsletter delivered to your inbox each week
  1. Wealth
June 14, 2011

FT: Helios Sets Record for African Private Equity

By Spear's

The largest ever amount of money for a new private equity fund targeting Africa has been raised by Helios Investment Partners with a $900m investment vehicle.

The largest ever amount of money for a new private equity fund targeting Africa has been raised by Helios Investment Partners with a $900m investment vehicle.

In the latest sign of burgeoning investor appetite for the continent, the new fund attracted orders of more than $1bn, according to Helios, a pan-African private equity group co-founded by former TPG executive Tope Lawani.

Mr Lawani said that about 70 per cent of the financing came from outside development finance institutions, the highest proportion yet for an Africa fund and illustrative of a broadening spread of interest in the potential for private equity on the continent.

“Investors are more open-minded now. They have seen returns can be found in lots of places not just the large developed markets,” he said.


To read the full story, visit ft.com


For more Spear’s coverage on the issue, visit our Africa Special, where Josh Spero examines the new breed of post-post-colonial investors who are recognising Africa’s potential.

Content from our partners
Porto Montenegro: Adriatic Elegance Tailored to You
Family office gold rush in Hong Kong
Top of the league for football fans

Select and enter your email address The short, sharp email newsletter from Spear’s
  • Business owner/co-owner
  • CEO
  • COO
  • CFO
  • CTO
  • Chairperson
  • Non-Exec Director
  • Other C-Suite
  • Managing Director
  • President/Partner
  • Senior Executive/SVP or Corporate VP or equivalent
  • Director or equivalent
  • Group or Senior Manager
  • Head of Department/Function
  • Manager
  • Non-manager
  • Retired
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications.
Thank you

Thanks for subscribing.

Websites in our network