ARCH Launches Third Africa Fund

Sep 17 2008 | 10:03am ET

London-based ARCH Financial Products has launched a sub-Saharan Africa fund to capitalize on the increasing strength of the African market.
 
The ARCH Africa Private Markets Focus IC Fund debuted last quarter with seed capital of US$12 million, and has returned 2.75% to date. The fund, which targets an annual return of 20%, invests in the infrastructure, natural resources, agri-business and real estate sectors.
 
ARCH is working with local strategic partners to identify debt and equity investment opportunities. This is the third Africa-focused fund that ARCH has launched and takes its current commitment in the region to US$25 million.  It follows the Africa Invest IC and Africa Protect IC funds, which specialize in African agri-business.
 
The new fund combines private equity investments with private finance strategies with an emphasis on investing across the “value chain” such as natural resource extraction combined with power plants and railway infrastructure.

“This is an excellent time to be investing in Africa and our experience in the region means we are well placed to take advantage,” said Silash Ruparell, a partner at ARCH. “The whole continent is becoming more robust in terms of political and financial stability, with economies growing and inflation falling across the region.”

Robin Farrell established ARCH in 2002 and currently serves as its chief executive officer. Prior to ARCH, Farrell was a consultant to Goldman Sachs International and global head of the alternative investments group at Dresdner Kleinwort Wasserstein.


In Depth

Why Ponzi Schemes Work: An In-Depth Look At The Allen Stanford Fraud

Dec 21 2014 | 10:30am ET

Texan Allen Stanford first appeared on the radars of financial regulators in 1997...

Lifestyle

Hedgie Funds US Squash Program

Dec 24 2014 | 8:46am ET

Squash, anyone?

Guest Contributor

EidoSearch’s Top Three Market Projections For 2015

Dec 23 2014 | 4:03am ET

It is that time of year again when prognosticators make their big market calls for...

 

Sponsored Content

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

December 2014 Cover

Futures 2014 person of the year

Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.