Africa investor convenes US and African pension and sovereign wealth fund leaders at 9th Ai CEO Institutional Investment Summit at NASDAQ in New York
Johannesburg, South Africa; New York, USA; 19 September 2016: Africa investor (Ai), a leading international investment and communications group, today announced the launch of the African Infrastructure Co-investment Platform at the Ai CEO Institutional Investment Summit at the Nasdaq MarketSite in New York.
Launching the initiative, Hubert Danso, CEO and Vice Chairman of Africa investor, explained that the platform was developed in close consultation and partnership with institutional investment partners and addresses a number of issues raised by African institutional investors regarding their approach to accessing investable opportunities, managing risks and investing in infrastructure investments on the continent.
Said Danso, “The Ai African Infrastructure Co-Investment Platform is an industry response, designed with participation from long-term investors, to build a practical collaboration platform that leverages the long-term investment horizon of institutional investors, especially sovereign wealth funds, pension funds and life insurance companies, to invest in de-risked African infrastructure assets that meet their mandates and investment criteria.”
The platform will be driven by an initial group of investment partners including a select group of African and global pension and sovereign funds committed to investing cross-border in infrastructure assets.
Through the platform, Ai has sourced investable projects and instruments that match pension and sovereign investors’ risk profiles and criteria, yield expectations and direct investment and manager selection criteria. The platform uses a ‘combined’ fund of funds model (with unique manager selection IP) and a co-investment approach, supporting access to capital and growth for both African infrastructure funds, as well as the continent’s most prominent and successful private sector infrastructure project developers.
For more information on the African infrastructure Co-investment Platform, contact Precious Nkandu on pnkandu@africainvestor.com or +27 11 783 2431.
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Note to Editors
About Africa investor – www.africainvestor.com
Africa investor is a specialist investment and communications firm advising governments, international organisations and businesses on communication strategies for capital market and foreign direct investments in Africa. Africa investor publishes Africa investor, the leading international newsstand magazine for Africa’s investment decision makers; maintains the Africa investor 40 Investors’ Index, hosts the Ai CEO Institutional Summit & Awards and the Ai CEO Infrastructure Investment Summit & Awards, among other events.
For more information on Africa investor, contact Catherine Wright on +27 11 783 2431 or cwright@africainvestor.com.
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