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Date: 10 April 2024

Pyi Maung Joins Verdant Capital as Director

Pyi Maung has joined Verdant Capital as a Director in the Verdant Capital Hybrid Fund. Pyi has 12 years of private equity, venture capital, and investment banking experience in Africa across various industries, including financial services, technology, consumer services, and healthcare.

Prior to joining Verdant Capital, he worked as an investment manager at the Alitheia IDF Fund, a US$100 million private equity fund investing in women-owned/led/ founded/ serving SMEs across the African continent. Pyi was the lead and co-lead for investments totalling over
US$20 million in financial institutions, fintech, and consumer services companies.

Pyi has also worked at Old Mutual Private Equity, one of the leading private equity managers in South Africa, managing over US$600 million in assets. He was part of the team responsible for investing in and managing a South African financial services business.

He began his career in investment banking with Morgan Stanley, a global financial services firm with offices across 41 countries, supporting clients across a broad range of industries on mergers & acquisitions, capital structure advisory, and restructuring.

Pyi holds a Master of Business Administration from the University of Cape Town’s Graduate School of Business and a Bachelor of Business Science Degree with honours in Finance from the University of Cape Town.

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