Private equity firm eyes P2bn fund


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
Mind your health

They've repeatedly warned that hypertension, or high blood pressure, often termed a chronic lifestyle disease, is a silent killer. It's crucial for everyone to be aware of their health status. Nowadays, many companies host wellness days, offering free disease screenings to employees!Unfortunately, even with such services, some choose not to take advantage of the opportunity.The Dutch Reformed Church in Botswana recently organised a...

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