Alterra Capital takes over management of Carlyle Sub-Saharan Africa Fund

AFRICA – Carlyle Group, an American multinational private equity, alternative asset management and financial services corporation, is spinning out its Sub-Saharan African team to Alterra Capital, a new company formed by the managers of its US$700m regional fund.  The private equity firm will move the team, which includes Eric Kump, Genevieve Sangudi, Bruce Steen and Idris Mohammed, to Alterra Capital Partners from July.  Alterra Capital Partners will assume the management of the fund as sub-advisers to Carlyle, which will continue to invest in the continent through a strategic relationship with the…

Read More