Money Markets
Helios Investment principal partner Pierre Heinrich looks on during the
acquisition deal signing of sale of shares held by Orange East Africa in
Telkom Kenya to Jamhuri Holdings limited at treasury buildings in
Nairobi on June 10, 2016.
SALATON NJAU (NAIROBI)
By BRIAN NGUGI, @bnjoroge, bnjoroge@ke.nationmedia.com
In Summary
- “…it shows that our investments are hinged not just on sound business credentials, but social impact,” said Fanisi’s Managing Partner, Ayisi Makatiani while welcoming the award.
- The Awards run by Private Equity Africa, a UK-based financial media and events firm now in their fifth year celebrate the achievements of investors and advisors active on the african continent.
Helios Investment Partners' string of private equity
deals on the continent have earned it recognition as the 2016 private
equity deal maker of the year in Sub Saharan Africa.
Billed as the largest ever fund dedicated to African private equity, the UK firm, co-founded by Africans was feted as Sub Saharan Africa Fund of the Year and Sub-Saharan Africa House of the Year for partaking in several successful acquisitions but also divestments.
The awards are run by Private Equity Africa, a
UK-based financial media and events firm now in their fifth year
celebrates the achievements of investors and advisors active in Africa.
Helios recently acquired a 60 per cent stake in
Telkom Kenya after France Telecom, currently trading as Orange SA,
exited the Kenyan telecom market. Helios also sold its 12.22 per cent
stake in Equity Bank to Norwegian funds Norfund and NorFinance for $230
million.
The PE firm also made in the recent past several
other key investments including its first-ever Egyptian investment,
backing electronic and payments platform Fawry.
It acquired a 12.4 per cent stake in Canadian oil
and gas company Africa Oil Corp for $100 million and backed Crown
Agents, specialist providers of financial solutions in emerging markets.
Achievements of investors
Helios, established in 2004, has made investments
in countries across Africa, including Nigeria, Ghana, Kenya, Tanzania,
Angola, South Africa and Morocco. It invests between $30 million (Sh2.8
billion) and $200 million (Sh19 billion) in each company.
Two Kenyan firms were also awarded in the awards.
Venture capital fund, Fanisi Capital, which manages a $50 million venture capital fund was feted as Portfolio Company of the Year for Social Impact in one of its investee companies, Haltons Pharmacy.
Haltons Pharmacy is a retail pharmacy chain in which Fanisi has invested $5 million since 2013.
Its social impact has been seen in raising
awareness about lifestyle diseases, which have become prevalent in Kenya
as urbanization takes root.
“…it shows that our investments are hinged not just
on sound business credentials, but social impact,” said Fanisi’s
Managing Partner, Ayisi Makatiani while welcoming the award
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