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SNAPSHOT OF LP RESPONDENTS<br />
Forty-eight limited partners participated in the survey.<br />
Amongst those that disclosed their commitments, the<br />
respondents collectively represent institutions that have<br />
allocated more than US$7.5 billion in capital to Sub-Saharan<br />
Africa-dedicated private equity funds. The LP respondents<br />
represent a diverse mix <strong>of</strong> institutions, including development<br />
finance institutions, public and corporate pension funds,<br />
family <strong>of</strong>fices, endowments / foundations, banks / asset<br />
managers, insurance companies, sovereign wealth funds,<br />
government-owned organisations and funds <strong>of</strong> funds.<br />
There is a broad range <strong>of</strong> experience with Sub-Saharan<br />
African private equity amongst LP respondents. Nearly onethird<br />
are relative newcomers to Sub-Saharan African private<br />
equity, working at firms that have allocated commitments to<br />
between one and five funds; while 42% are with institutions<br />
that have committed to more than 11 funds. In terms <strong>of</strong> role,<br />
52% <strong>of</strong> respondents serve on their firm’s investment team,<br />
whilst executives / senior managers account for 23%, and<br />
portfolio managers 10%, <strong>of</strong> the LP sample.<br />
SNAPSHOT OF SERVICE PROVIDER<br />
RESPONDENTS<br />
In addition to GPs and LPs, 11 service providers completed<br />
the survey, representing fund formation and private equity<br />
lawyers, placement agents, fund administrators and<br />
investment consultants / pension advisers. Nearly 65% <strong>of</strong><br />
these firms represent six or more clients that manage or<br />
invest in Sub-Saharan Africa-specific private equity funds.<br />
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