12 °c
London
Sunday, June 26, 2022
No Result
View All Result
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
No Result
View All Result
FurtherAfrica
No Result
View All Result
Home Africa

London based Helios investment plans US$1.25B Pan-Africa fund

FurtherAfrica by FurtherAfrica
June 5, 2019
in Africa, Economy, Finance, Private Equity
Reading Time: 1 min read
878 9
0
UK further assures of rebuilding Zimbabwe
Share via QRWhatsappShare on FacebookShare on TwitterLinkedInPinteresteMail

Helios Investment Partners LLP, the Africa-focused private equity firm, plans to raise a fund of about $1.25 billion to invest across the continent, according to people with knowledge of the matter.

The London-based company, led by Tope Lawani and Babatunde Soyoye, is in talks with asset managers and development agencies about what would be its largest private equity fund for African investments, the people said, asking not to be named because the discussions are private.

Helios could start the fund this year, but is no rush to do so, one of the people said. The company, which manages about $3.6 billion, closed a $1.1 billion Africa-focused fund in 2015 after exceeding a $1 billion target. A spokeswoman for Helios declined to comment.

Helios is among several private funds looking specifically at African assets as the economic recovery taking place across the continent bolsters investor sentiment and infrastructure plans. Yet, foreign interest in Africa has been fickle. New York-based Blackstone Group LP is scaling back in Africa after less than five years and Bob Diamond, the former Barclays Plc chief, is turning his attention elsewhere after struggling to get his banking venture off the ground.

Some flows to the continent may have been hampered by the collapse of Abraaj Group, once among the most influential emerging-market buyout firms. The Dubai-based company ran a near-$1 billion sub-Saharan Africa fund and investors are now seeking a new manager.

Source: Bloomberg

Related

Tags: Abraaj GroupafricaAtlas MaraBabatunde SoyoyeBlackstone Group LPBob DiamondHelios InvestmentsPrivate EquityTope Lawaniафрикаأفريقياアフリカ非洲
ScanSendShare355Tweet222Share62Pin80Send
FurtherAfrica

FurtherAfrica

Founded in 2015 FurtherAfrica is an online platform centralising news and content focusing on the development and growth story of the African continent.

Related Posts

Angola TAAG to open Luanda-Madrid route
Travel

Angola TAAG to open Luanda-Madrid route

by FurtherAfrica
June 26, 2022
Economy

Zimbabwe plans triple-digit interest rate hike to tame inflation

by FurtherAfrica
June 26, 2022
Economy

World Bank forecast Mozambique average growth at 5.7% in 2022-2024

by FurtherAfrica
June 26, 2022
Travel

9 fun places in Nigeria for a perfect family takeout

by See Africa Today
June 26, 2022
Spotify takes big dive into Africa
Music

Spotify and COLORS collaborate to promote Nigeria musical talent

by BOTSWANA UNPLUGGED
June 26, 2022
Angola Oil & Gas 2022
 
AFSIC 2022
 
Great Limpopo Transfrontier Park
 
MozParks

Translate this page

Read the Latest

Angola TAAG to open Luanda-Madrid route
Travel

Angola TAAG to open Luanda-Madrid route

by FurtherAfrica
June 26, 2022
0

Direct flights between Luanda and Madrid, operated by the Angolan airline TAAG, start Monday (27), representing an added value for...

Read more

Zimbabwe plans triple-digit interest rate hike to tame inflation

June 26, 2022

World Bank forecast Mozambique average growth at 5.7% in 2022-2024

June 26, 2022

9 fun places in Nigeria for a perfect family takeout

June 26, 2022
Spotify takes big dive into Africa

Spotify and COLORS collaborate to promote Nigeria musical talent

June 26, 2022

FurtherAfrica Partners Network

The Exchange Club of Mozambique Taarifa Rwanda
TechGist Africa Africa Oil & Power Farmers Review Africa
Tanzania Invest Zambia Invest See Africa Today
Africa Global Funds Novafrica CrudeMix Africa
Harambee Africa Botswana unplugged Financial Insights Zambia
Digilogic Africa Web3Africa

Subscribe to FurtherAfrica

Enter your email address to receive new articles on your email.

Join 73,051 other subscribers.

FurtherAfrica

© 2021 FurtherMarkets

FurtherAfrica is a FurtherMarkets Limited platform

  • Countries
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

Follow Us

No Result
View All Result
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

© 2021 FurtherMarkets

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?