Old Mutual Alternative Investments (OMAI) is one of Africa’s largest alternative investment managers with over $4.1bn under management in infrastructure, private equity, mezzanine debt and impact funds. OMAI is a member of Old Mutual Investment Group, the South African investment management arm of Old Mutual. The company chooses to make a positive impact across Africa by going ‘Beyond the Obvious’ to uncover opportunities others may overlook, according to Paul Boynton, Joint CEO. Paul has been Head of Alternative Investments since 2004. He chairs the Alternative Assets Investment Committee and has served on the boards of African Infrastructure Investment Managers, Assore, African Clean Energy Development, CIT, J&J, Life Healthcare, Metcash, Mezzanine Partners, Old Mutual Investment Group, Pepkor, Tourvest and Phembani.
Interviews / Q&A
AGF’s Anna Lyudvig speaks with Rajaa Berrkia, Sustainability Director, Mediterrania Capital Partners about trends around sustainable investing, the firm’s approach to sustainable investing as well as recent investments and achievements
The below is the edited version of the Webinar presentation by Murega Mungai, Nairobi-based Trading Desk Manager for AZA, Africa’s biggest non-bank currency broker. For the recording, please click here: https://www.azafinance.com/how-african-businesses-can-survive-covid-19/
AGF speaks with Abhimanyu Yadav, Head of Fixed Income & Currency, MCB Investment Management, about the attractiveness of the growing African fixed income asset class and the company's MCB Africa Bond Fund.
AFG is talking to Eugene Stals, Chief Investment Officer, Phatisa. Eugene is a seasoned private equity and investment professional with deep operational experience. He was a senior partner at Ethos Private Equity in Johannesburg, South Africa. During this time, Eugene was instrumental in the formation of Ethos. In all, he spent 18 years in executive, board and investment committee capacities at Ethos. He has a successful track record over the whole private equity value chain. More recently, he has fulfilled roles as an executive in, and consulted to, companies on strategic and operational issues.
In July, OP and Finnfund announced plans to establish Finland’s first impact fund - the OP Finnfund Global Impact Fund I - that will invest into emerging markets. AGF’s Anna Lyudvig speaks with Tuomas Virtala, CEO of OP Asset Management and Markus Pietikäinen (pictured), CIO of Finnfund to learn more.
Mauritius has forged a reputation as a safe, trusted and competitive financial centre. At the private sector level, Mauritius has been at the forefront of driving quality investments into Africa. AGF’s Anna Lyudvig speaks with Yogesh Gokool, Senior Executive – Head Global Business at AfrAsia Bank to discuss the African strategy of Mauritius, investment opportunities in Sub-Saharan and AfrAsia’s activities on the continent.
In May, AGF attended AFSIC in London, UK - the largest Africa investment event taking place annually outside Africa. On the sidelines of the conference, we’ve met with Sanjeev Gupta, Africa Finance Corporation's (AFC) Executive Director for Financial Services.
Britam Financial Holdings has recently approved an anchor investment in Tiserin Capital, Africa’s first south-south private equity fund. The investment is a breakthrough in the region’s financial markets highlighting the important role pension funds, insurance and other local investors can play in supporting long term investments in the region. We caught up with Kenneth Kaniu, Britam Asset Managers CEO, to learn more about the deal, the firm, and the needs and constraints of institutional investors in Kenya and East Africa.
Proparco, the French Development Finance Institution (DFI), has been active in Africa for over 40 years. The DFI has developed a comprehensive approach, with presence on the continent through six regional offices, covering its debt, guarantee and equity offerings. AGF’s Anna Lyudvig speaks with Jérémie Ceyrac, Head of Equity, Responsible Investments to learn more about financial products on offer, recent investments in Africa and African impact investment scene.
After careful consideration and analysis, the Franklin Templeton Investment Funds (FTIF) Board of directors decided to merge the FTIF Templeton Africa Fund into the $65.9m FTIF Templeton Frontier Markets Fund, effective February 15, 2019. Due to both funds sharing similar investment objectives and target investor profiles, the Board believes that this merger will offer economies of scale to existing shareholders.
EMPEA this week released its year-end Industry Statistics, which outlines the bottom line for private investment in emerging markets across the globe. AGF speaks with Jeff Schlapinski, Senior Director, Research, EMPEA, about African private capital fundraising in 2018, deal activity, fund strategies and more.
In December 2018, H.E. Calle Schlettwein, Minister of Finance of Namibia visited New York to meet with US investors and businesses to discuss economic recovery prospects and investment opportunities. In an exclusive interview with Africa Global Funds, Minister of Finance said that the country has embarked on a large scale programme of renewing and developing its infrastructure. The country offers opportunities for investment in infrastructure trough public private partnerships (PPPs) or foreign direct investment (FDI).
Venture Capital (VC) in Africa has grown at a tremendous pace in the last few years as investors hunt value earlier in the cycle. Startup funding in the first half of 2018 was over 50% higher than in the whole of 2017. AGF’s Anna Lyudvig speaks with Enitan Obasanjo-Adeleye, AVCA's Director and Head of Research to discuss the current trends.