Tuesday, November 18, 2014 8.43AM / Press Release
CBO Capital and CBO Investment Management have confirmed that their 4th Annual Investors and Private Equity Conference will hold on Thursday 20th November in Lagos.
The event which is themed: “Can Private Equity Save Nigeria?” seeks to discuss the importance of private equity to the growth and development of the Nigerian socio-economic space, and also outline how government and regulatory agencies can support this growth. A special introductory keynote address will be given by Mr. Mustafa Chike-Obi, the Managing Director/CEO of Asset Management Corporation of Nigeria (AMCON).
Speaking on the forthcoming event, Bex Nwawudu, Director, CBO Capital said: “At a time when global institutional investors are increasing their exposure to Africa and Nigeria, within Private Equity allocations, we have surprisingly little local content or government support for the local development of the asset class. This event will provide a platform that will seek to create a dialogue, connect the dots and deliver local insight to the private equity discussion. With the forthcoming elections in 2015, it has become imperative to understand and promote a healthy discussion of equity investment issues, and how the industry through its provision of long term equity can work to effect positive changes in the economy of Nigeria.”
“In addition to highlighting private equity and fund management opportunities, we will also be officially launching the CBO Private Equity Fund with a target fund raise of USD150 million” says Joanne Yoo, the COO of CBO Investment Management (CBO IM). The PE fund is primarily focused on SME investments within the West African sub region; as already characterized by our investments in Union Dicon Salt and Coastal Hire Nigeria Limited.”
Some of the speakers facilitating panel discussions and sessions at the conference are: Dr. Doyin Salami, Member of the CBN Monetary Policy Committee, Ms. Barbara James, Director, Henshaw Capital, Mr. Raj Kulasingam; Senior Counsel at Dentons, Mrs. Ijeoma Agboti-Obatoyinbo, Director, The Abraaj Group, Ms. Genevieve Sangudi, Managing Director, Carlyle Group, and a host of other leading PE firms and their representatives.
For more info, contact:
Francesca Onomarie Uriri