African PE Firm ECP Names Ndili Head Of Nigerian Ops

Feb 13 2012 | 7:44am ET

African private equity firm Emerging Capital Partners has tapped Lionstone Group founder and executive chairman Amaechi Ndili to lead its Nigeria operations.

In his new post, Ndili will be based in Lagos and will work closely with a number of ECP’s portfolio companies, “driving strategic and operational improvements as well as sourcing new investment opportunities.”

Nigerian native Ndili’s Lionstone Group is a proprietary investment and holding company with significant holdings in offshore marine services as well as the hospitality industry in West Africa. Prior to Lionstone Group, Ndili was a managing director in the real estate group at GE Capital Corporation. Prior to GE Capital, he was an associate manager at McKinsey, specializing in the power industry.

“West Africa continues to be one of the fastest growing regions in the world and ECP is dedicated to seizing the resulting opportunities for its portfolio companies and for its investors. Amaechi’s appointment reinforces the deep operational experience on the ground in Nigeria and brings an expert new perspective to the table,” said Hurley Doddy, co-founder, managing director and co-CEO of ECP. “Amaechi has a long and successful track record of producing results in a region where trust, personal relationships and respect are at a premium, and as such, we are delighted to welcome him to lead ECP’s Nigerian operation.”

Emerging Capital Partners characterizes itself as “the first private equity firm to raise more than US$1.8 billion for growth capital investing in Africa.”  Founded in 2000, ECP today has investments in more than 50 African companies through seven funds.
 


In Depth

Kettera Q&A: The Advantages of Alternative Investment Platforms

Oct 28 2016 | 5:52pm ET

The past several years have seen a distinct push towards easier and cheaper access...

Lifestyle

Midtown's Plaza District Fades As Manhattan Office Landscape Shifts

Nov 22 2016 | 6:32pm ET

Lower leasing costs, more efficient office space and the hope of projecting an image...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR