Emerging Capital Partners (ECP) is a Pan-African private equity firm that has raised over US$2 billion through funds and co-investment vehicles for

growth capital Growth capital (also called expansion capital and growth equity) is a type of private equity investment, usually a minority investment, in relatively mature companies that are looking for capital to expand or restructure operations, enter new mark ...

investing in

Africa Africa is the world's second-largest and second-most populous continent, after Asia in both cases. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 6% of Earth's total surface area ...

. Founded in 2000 under the leadership of Thomas Gibian, Hurley Doddy, Vincent Le Guennou, and Carolyn Campbell, ECP has over 20 years of investing experience on the continent and is one of the largest and longest-established private equity

fund managers Investment management is the professional asset management of various securities, including shareholdings, bonds, and other assets, such as real estate, to meet specified investment goals for the benefit of investors. Investors may be institut ...

focused on Africa, with an investment team operating in three offices on the continent. In May 2007, when ECP closed its second fund with capital commitments of over US$520 million, the company became the first private equity group to raise over $1 billion for investment in Africa. ECP has made over 60 investments covering more than 44 African countries and has realized 48 full exits.

Approach

ECP seeks to identify opportunities in sectors that benefit from the long-term structural

demographic Demography () is the statistical study of populations, especially human beings. Demographic analysis examines and measures the dimensions and dynamics of populations; it can cover whole societies or groups defined by criteria such as edu ...

and economic shifts driving Africa’s growth. ECP focuses on investments in

consumer goods A final good or consumer good is a final product ready for sale that is used by the consumer to satisfy current wants or needs, unlike a intermediate good, which is used to produce other goods. A microwave oven or a bicycle is a final good, but ...

financial services Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, acco ...

telecommunications Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than that fe ...

, and infrastructure sectors and has previously invested in rubber and sugar companies, restaurant chains, power and water utilities, banks, telecoms towers and PayTV. ECP is particularly active in West and East Africa and covers Africa’s major hub economies from three offices on the continent: * Francophone West Africa (

Abidjan Abidjan ( , ; N'Ko script, N’ko: ߊߓߌߖߊ߲߬) is the economic capital of the Ivory Coast. As of the Demographics of Ivory Coast, 2021 census, Abidjan's population was 6.3 million, which is 21.5 percent of overall population of the country, ...

Côte d’Ivoire Ivory Coast, also known as Côte d'Ivoire, officially the Republic of Côte d'Ivoire, is a country on the southern coast of West Africa. Its capital is Yamoussoukro, in the centre of the country, while its largest city and economic centre is ...

) * East Africa (

Nairobi Nairobi ( ) is the capital and largest city of Kenya. The name is derived from the Maasai phrase ''Enkare Nairobi'', which translates to "place of cool waters", a reference to the Nairobi River which flows through the city. The city proper ha ...

Kenya ) , national_anthem = "Ee Mungu Nguvu Yetu"() , image_map = , map_caption = , image_map2 = , capital = Nairobi , coordinates = , largest_city = Nairobi , ...

) * Southern Africa (

Johannesburg Johannesburg ( , , ; Zulu and xh, eGoli ), colloquially known as Jozi, Joburg, or "The City of Gold", is the largest city in South Africa, classified as a megacity, and is one of the 100 largest urban areas in the world. According to Demo ...

South Africa South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring countri ...

)

Environmental, Social, and Governance Practices

ECP strives to lift performance and profitability, building sustainable businesses that bring lasting benefits to their communities. In May 2010, ECP signed the

United Nations Principles for Responsible Investment (UNPRI) Principles for Responsible Investment (UNPRI or PRI) is a United Nations-supported international network of financial institutions working together to implement its six aspirational principles, often referenced as "the Principles". Its goal is to u ...

, which provides a framework for investment professionals who believe Environmental, Social and Corporate Governance (ESG) issues affect the performance of investment portfolios and who seek sustainable approaches in the investment process. In October 2011, ECP became the first private equity firm to sign a co-operation agreement with the International Finance Corporation (IFC) to participate in its Private Equity Africa Climate Change Investment Support (PEACCHIS) program. The program is designed to enhance

sustainability Specific definitions of sustainability are difficult to agree on and have varied in the literature and over time. The concept of sustainability can be used to guide decisions at the global, national, and individual levels (e.g. sustainable livi ...

best practices A best practice is a method or technique that has been generally accepted as superior to other known alternatives because it often produces results that are superior to those achieved by other means or because it has become a standard way of doing ...

in Africa.

References

External links

Emerging Capital Partners home page
{{Private equity firms Financial services companies established in 2000 Private equity firms of the United States