Data & Intelligence

Africa Data Insight (Year-End 2019)

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Over the last two years, established GPs returning to market have driven Africa-focused fundraising

Established Africa-focused fund managers returning to the market have driven fundraising for the continent since 2018. Led by the reopening of Meridiam’s infrastructure vehicle and the final close of Amethis’ second pan-Africa fund, fundraising for Africa in 2019 reached USD3.1 billion, on par with the previous year’s total. Meanwhile, the pace of private capital investment in Africa has yet to recover from its decline beginning in 2015 with the commodity cycle downturn. Tempered activity is partially the result of a dearth of dry powder, as Africa’s most active investors, such as Helios Investment Partners and Development Partners International, have been on the fundraising trail, but the slew of recent landmark exits may help to reshape the deal-making environment in the region.

EMPEA represents the leading global investors in EM. I look forward to working alongside to drive much-needed capital for financing entrepreneurs and businesses worldwide.

Renuka Ramnath | Founder, Managing Director & Chief Executive Officer, Multiples Alternate Asset Management Private Limited

EMPEA plays an important and energetic role across the markets it represents, driving outreach and research initiatives, and promoting the role of private capital.

Brian Lim | Partner and Head of Asia and Emerging Markets, Pantheon Ventures

The developed markets have no equivalent to the role EMPEA is playing as a convener and source of trusted information in the emerging markets.

David Rubenstein | Co-Founder and Co-Executive Chairman, The Carlyle Group

I’m honored to join fellow industry pioneers in the leadership of an unparalleled network, filled with first movers, shaping the future of industries and communities.

Dr. Andrew Kuper | Founder and CEO, LeapFrog Investments

EMPEA's market and industry intelligence opens doors to new sources of capital.  I look forward to the future success of EMPEA and its members.

Torbjorn Caesar | Senior Partner, Actis

While there are certainly challenges for the industry, the opportunities abound in our target markets and globally, making a global association like EMPEA more relevant than ever.

Drew Guff | Managing Director & Founding Partner, Siguler Guff & Company