The founder and CEO of Kuramo Capital Management, Adewale Adeosun has been named this year’s Limited Partner Person of the Year, Africa at the Private Equity Africa awards held in London, United Kingdom.
The award which is based on GP recommendations is given to individuals driving investments into the Africa Continent
Mr. Adeosun, an investment management expert driving catalytic private institutional capital to fast-growing African businesses to generate attractive returns and positively impact local communities.
While receiving the award in London, which is based on GP recommendations, Mr. Adeosun expressed his delight terming the award as a testament to Kuramo’s commitment to investing in the continent.
“I am honored and humbled to have received the LP Person of the year award. It is a testament of all the work we at Kuramo have been doing for the last over 10 years. It is a testament to the team at Kuramo Capital. We have helped catalyze over USD $3.5billion for the continent and have transformed the private equity ecosystem by supporting first time fund managers and that is the recognition we have received today,” said Mr. Adeosun.
Mr. Adeosun has been instrumental in the growth of Kuramo’s investment portfolio since inception.
Kuramo Capital Management was recognised for their investment in 2X Ignite Africa, TransCentury PLC and Moremi accelerator Program London, United Kingdom,
Kuramo has direct and indirect investments in 200 companies in 30 sub-Saharan
African countries including Kenya and Nigeria in various sectors including Fast-Moving
Consumer Goods, Infrastructure-Power, Agribusiness, Technology, and Financial Services.
During the Private Equity Awards, Kuramo Capital Management received a special recognition award, Fund of funds Investor Award, for their investment in 2X Ignite Africa Investment Facility for Warehousing Capital; TransCentury Plc, an investment Holding Company, headquartered in Kenya, with a focus on infrastructure (energy, transport, water and agriculture); and Moremi accelerator Programme, an initiative to empower the next generation of African women enterprises and promote gender-equitable fund management.
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