CMB clinches BPOPF P500m tender

Friday, November 21, 2014

Local asset management firm, Capital Management Botswana (CMB) has clinched a lucrative tender to manage Botswana Public Officers Pension Fund (BPOPF) P500m private equity fund, BusinessWeek has learnt.

The kitty is the first tranche of BPOPF’s trend-setting P800 million private equity funds solely targeted for investments in Botswana only.

BPOPF marketing and communications manager Devilliers Nage confirmed that the tender has been awarded to Capital Management.

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CMB clinches BPOPF P500m tender

Local asset management firm, Capital Management Botswana (CMB) has clinched a lucrative tender to manage Botswana Public Officers Pension Fund (BPOPF) P500m private equity fund, BusinessWeek has learnt.