CMB clinches another P380m BPOPF deal

Friday, December 16, 2016

Capital Management Botswana (CMB) has been awarded another P380 million in private equity funds by the Botswana Public Officers Pension Fund (BPOPF) which takes their total mandate to P880 million.

This comes at a time when the Fund had withdrawn a P300 million private equity tender after applicants failed to meet their requirements.

In an interview with BusinessWeek, BPOPF chief executive officer, Boitumelo Molefe said they decided to extend CMB allocation because of the pace at which they were finding new lucrative private equity investments.

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CMB clinches another P380m BPOPF deal

Capital Management Botswana (CMB) has been awarded another P380 million in private equity funds by the Botswana Public Officers Pension Fund (BPOPF) which takes their total mandate to P880 million.

The projects magazine in collaboration with Stanbic bank launched the future of mining summit 2024

MISA Botswana celebrates World Press Freedom day

Unlawful wounding turns to murder

Mahalapye suspected copper cable thief nabbed

TAFIC targets top four finish

Selefu

Selefu

Repatriation underway for seven SA Pilgrims

Stakeholders must step up veggie supply