Emerging Capital Partners
Overview
Private equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
firm focused on investing across the African continent including Francophone
Francophone
The adjective francophone means French-speaking, typically as primary language, whether referring to individuals, groups, or places. Often, the word is used as a noun to describe a natively French-speaking person....
Africa. The firm is the first private equity group to raise over US$1.8 billion to invest exclusively in African companies. The firm's investors are uncorrelated to the U.S. and other global economies. By the third quarter of 2008, the firm had invested in approximately 50 companies, exited
Exit (economics)
Exit, in economics, means opting out of future transactions. A firm can secure its ability to exit, for instance, by only agreeing to contracts that containing a clause that allows for termination on terms it feels would be acceptable. In constitutional economics, it implies a right of secession...
from about 20, and achieved an average return of three times its initial investments.