Specialisation of private asset classes in Africa – a growing theme?

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Date: 16 August 2022

During 2021 only eight Vintage I funds in Africa reached first close in the year.  Looking at Vintage I funds is an interesting reference point for the direction of change in the market overall.   It is consistent with a theme we have seen in the market over the last few years – the growth in the number of specialist fund managers – while certain of the traditional large cap generalist pan-African players have battled raising capital for their new vintages, or in one or two cases have left the market altogether.  We have seen demand from limited partners, for […]

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