Partners Group and Convergence Partners have established Helical Capital Partners, a private markets firm that will provide the South African investor community with access to a diversified, global portfolio of private investments. Helical Capital Partners’ South African operations will be based in Johannesburg and will be led by principals Craig Beney (previously COO of Convergence Partners) and Carlos Ferreira (previously CEO of Fairstone Capital).
Franklin Templeton Investments, a global investment management firm, has led a $3m Series A funding round in Bambu, a global provider of robo-advisory technology.
Denham Capital, a resources and energy-focused global private equity firm, has closed its first stand-alone mining fund, the Denham Mining Fund, at $558m to expand its’ portfolio in Australia, Canada, South America and Africa.
Alta Semper, a private equity manager investing flexible and strategic capital across select African frontier markets, has partnered with Oncologie & Diagnostic du Maroc (ODM), Morocco’s oncology, radiology and diagnostics platform.
XSML, a fund manager active in Central and East Africa, has made its seventh investment in Uganda with TMR International Hospital (TMR), a general hospital that specializes in maternity healthcare, emergency relief and ENT.
African Infrastructure Investment Managers (AIIM), Africa’s largest infrastructure-focused private equity fund manager, has acquired a 50% stake in Société d’Exploitation et de Gestion Aéroportuaires (SEGAP), a holding company with an established portfolio of airport investments across West and Central Africa.
Vantage Capital, Africa’s largest mezzanine fund manager, has provided $10m of mezzanine funding to Cap Tamarin, a mixed-used, residentially-focused “Smart & Happy” Village in Mauritius.
Kuramo Capital, a Pan-African independent investment management group, has completed a Series A financing round in Green Africa Airways, a value airline headquartered in Lagos, Nigeria.
Colony Capital, a global investment management firm, has agreed to acquire the Abraaj Group’s Sub-Saharan Africa fund management business and the Group’s Limited Partnership interests in the underlying Funds. In addition, Colony will acquire Latin America, North Africa and Turkey Funds, along with staff in the eight offices being transferred under the terms of the deal.
Futuregrowth Asset Management has committed R250m of senior debt to the Gauteng Partnership Fund (GPF), which will be used to fund developments in the student housing market in Johannesburg.
EFG Hermes’s Private Equity Division’s K-12 education vehicle has entered into definite agreements with TMG to acquire a portfolio of schools in an EGP1bn investment.
LeapFrog Investments has invested an undisclosed sum in ARM Pension Managers, one of the largest pensions fund administrator (PFA) in Nigeria with about $1.8bn in funds under management.
The Board of Abraaj Holdings has filed an application in the Grand Court of the Cayman Islands for a court-supervised restructuring as it battles allegations of misused funds.
Criterion Africa Partners (CAP) has announced the first closing of the Africa Sustainable Forestry Fund II (ASFF II) with commitments of $81m toward its $150m target.