Private equity firm eyes P2bn fund

Friday, February 27, 2015

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.

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