'The pivot by the firm to raise funds domestically will help local pension funds in diversifying their portfolios.'
By
Kepha Muiruri
Business Reporter
Nation Media Group
Local pension funds have participated in Kuramo Capital Management’s latest Sh64.5 billion ($500 million) fundraiser, underlining the private equity firm's diversification of sources of capital away from the US market.
Kenya could unlock more than Sh209 billion from pension savings for private equity and business growth by reducing overreliance…
Pension funds today play an increasingly important role in capital formation, market development, and long-term economic…
Unit trusts that include special funds have earned billions of shillings in fees from clients, making the business lucrative.
TRIFIC CEO Brenda Mbathi described the oversubscription as a strong endorsement of the quality of the underlying assets and the…
Investors in the fund stand to earn a quarterly interest payout from investments like renewable energy, agribusiness and…
As financial products become more sophisticated, the conversation is also shifting at an institutional level.
