Sango Capital is pleased to announce that it has acquired more than $120M in NAV in four African funds from an institutional investor.

The transaction, which is one of the largest of its kind in the African market, attracted new institutional capital to the continent, while providing a liquidity solution to the original investor.

Co-Founder and Partner Richard Okello commented: “This transaction reflects everything Sango has built over 15 years: the analytical depth to underwrite complex African portfolios, the relationships to source off-market opportunities, the structuring expertise to create solutions for LPs and GPs navigating liquidity, and the local GP relationships to enable smooth asset transfers.

“We’re proud to have delivered for the seller, brought new institutional capital into Africa, and we are well positioned to generate significant value for our investors.”

Read the full press release here:  Sango Capital Closes $120M Secondary Transaction, Attracts New Institutional Capital to Africa