Mmegi

Africa Lighthouse eyes bigger kitty for Fund2

Eyeing growth: Pule
Eyeing growth: Pule

Local private equity asset manager, Africa Lighthouse Capital (ALC), has announced plans to launch its second investment fund next year, targeting mega investments in high-growth companies both locally and internationally.

The Botswana Public Officers Pension Fund invested half a billion in ALC’s first fund to invest in local private equities, alongside undisclosed investment amounts from six other private and public pension funds.

This time the fund manager expects the second fund to raise even larger investment sums from new and existing investors.

Editor's Comment
Public servants deserve better than union infighting

‘The strongest bond of human sympathy outside the family relation should be one uniting working people of all nations and tongues and kindreds’.- Abraham LincolnUntil then, the Council’s operations remain suspended, delaying critical decisions affecting thousands of public sector employees.The current standoff is between the Manual Workers Union on one side and the Six Cooperating Trade Unions, namely BONU, BOPEU, BTU, BDU, BOSETU and...

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