Private equity firm eyes P2bn fund

Carr
Carr

Capital Management Botswana (CMB) is targeting to raise up to P2 billion under a trend setting private equity fund to be invested in local and Botswana linked businesses.

CMB, which won a P500 million private equity tender from the Botswana Public Officer Pension Fund (BPOPF) last year, says it wants to raise a further P1.5 billion from other local pension funds and international investors.

The new fund, Botswana Opportunities Partnership (BOP) will invest into local businesses providing mostly growth capital.

Editor's Comment
Botswana must not be a flag of convenience for rogues

‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...

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