Private equity firms are investment firms primarily created to buy shares in companies that are not listed on any stock exchange. They are made with the aim of acquiring ownership in these companies. In Africa, the sector has continued to attract both local and international investors. In 2014, private equity firms invested a total of $8.1 billion in companies across the continent.
Some of the biggest private equity firms in Africa are:
1). Helios Investment Partners
Founded in 2004, Helios Investment Partners is a $3 billion Africa-focused private equity firm that operates a family of funds and their related co-investment entities. It also managed the $110 million Modern Africa Fund on behalf of a range of investors which included the U.S. government’s Overseas Private Investment Corporation and several leading U.S. corporations.
2). Helios Towers Africa
This is a telecommunications company operating across the continent. It raised the first equity fund worth more than $1 billion, in January 2015. This was the equity company’s largest fund on the continent. The funds were raised in order to buy telecoms companies across the continent.
3). Carlyle Sub-Saharan African Fund
4). Blackstone Group
US based Blackstone Group is one of the largest PE funds in the world. The group has invested nearly $2 billion in Africa’s infrastructure projects, through its subsidiary Black Rhino, in Nigeria, Ethiopia, Mozambique and Togo. It is working with Africa’s richest man Aliko Dangote in identifying, developing and operating large scale investments.
5). KKR & Co
KKR & Co, one of the largest private equity firms in the world, said in October 2015 that it plans to invest as much as $100 million in Africa. was founded in 1976 by Henry Kravis and George Roberts, now billionaires, and the late Jerome Kolhberg. Jr., would be following in the footsteps of US PE firms like Carlyle Group and Blackstone, which have begun making investments in Africa.
6). Actis Capital LLP
7). Catalyst Principal Partners
It is a $125 million East Africa focused private equity firm established in 2009. In 2011, the firm raised $69 million meant for various investments in Eastern Africa. It used part of the funds to invest $14.6 million in Chemi & Cortex Industries Limited, a Tanzanian consumer goods producer.
8). Warburg Pincus
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