Stanbic IBTC, a member of Standard Bank Group, has announced public offering of the Stanbic IBTC Dollar Fund (SIDF) and SIAML Pension ETF 40, following the granting of relevant approvals by the Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange.
South Africa’s Emira Property Fund has joined forces with retail property specialists ONE Property Holdings to grow their retail assets and create a larger low LSM retail portfolio.
Vukile Property Fund, Arrowhead Properties and Synergy Income Fund have concluded agreements to create a high-yield, high-growth fund within the existing entity of Synergy, to be renamed GemGrow Properties.
The City of Cape Town and The Nature Conservancy are looking to establish South Africa’s first water fund in order to safeguard water supplies and biodiversity, while supporting local livelihoods.
Old Mutual Investment Group (OMIG) has announced its plans to expand its commercial real estate and agriculture footprints in Africa through a partnership with Nigerian Sovereign Investment Authority (NSIA), Nigeria’s sovereign wealth fund.
Duet Private Equity and AMCON (Asset Management Corporation of Nigeria) have signed an agreement to establish an investment fund focused on Nigeria’s fast-moving consumer goods (FMCG) sector.
Novare, a financial services group in South Africa, has launched two retail fund of hedge funds, the Novare Equity Long/Short Retail Fund of Hedge Funds, and the Novare Low Equity Long/Short Retail Fund of Hedge Funds.
Capria has launhed Capria Emerging Managers Fund, a $100m fund that will invest in equity and debt funds targeting early-stage impact businesses across Africa, Latin America, and Asia.
Fairtree Capital, an African investment manager that manages alternative and long only investment portfolios, has recently launched a new division, Fairtree Protea.
Ashburton Investments has successfully concluded the first close of a green debt initiative comprised of debt arising from infrastructure projects under the South African Renewable Energy Independent Power Producers Procurement Programme (REIPPPP).
Old Mutual Investment Group (OMIG) has launched the first MSCI equity ESG index fund in South Africa, the Old Mutual Responsible Investment Equity Index Fund.
BayHill Capital, a new boutique investment firm in South Africa, has been launched to offer unique and exciting client offerings.
EFG Hermes, an investment bank in the Middle East and North Africa region, has launched its first UCITS funds, which are now available to European investors.
Investec Asset Management and Growthpoint Properties in partnership with IFC, a member of the World Bank Group, will seek to establish and grow a significant diversified pan-African real estate investment business.