14/04/2011
African venture
Following KCML director Ashik Shah's 2010 exploratory
visits to the continent and the Fund's initial investment in
Zimbabwe the manager has been exploring avenues for further
investment in Africa.
In the field of African private equity, Helios Partners are well
regarded as making an important contribution to infrastructure
development, attracting investment from the Commonwealth
Development Corporation and the US's Overseas Private Investment
Corporation. Helios focus on companies which have
scalable businesses, transferable to neighbouring
countries. Their team has members with strong operational
experience, an area needing significant focus in the African
marketplace.
Following a February 2011 KCML recommendation that Helios
Investors II LP would be a suitable vehicle for participation
in African private equity the Fund has invested as a limited
partner.
