ValuAlliance Launches Money Market Fund
ACA through its Asset Management subsidiary, ValuAlliance Asset Management Limited in June 2020, launched the ValuAlliance Money Market Fund (VMMF or Fund). This Fund targets individuals looking for a vehicle to conservatively grow and optimize their savings or seeking a flexible option for cashflow and liquidity management.
VMMF is a SEC registered Collective Investment...
ACA Recruits New Partners
The year 2020 opened up with the recruitment of new partners at ACA, shortly after the retirement of two of its reputable Partners at the close of 2019; Mr. Afolabi Oladele, who led the Energy (Oil & Gas) sector and Mr. Sam Oniovosa, who served as CFO.
The new Partners recruit consists of two in-house promotions and two external recruits. Of the inward promotions; Mr....
ACA hosts Alternative Investment Conference in Partnership with SANLAM Group
African Capital Alliance (“ACA”) in collaboration with Sanlam Investments hosted its premier Alternative Investments Conference, on Tuesday, October 29, 2019.
The conference which held at the Eko Hotel and Suites, Victoria Island Lagos, had key stakeholders including institutional investors, fund and asset managers, regulators and service providers in a close...
ACA announces the sale of Cornerstone Tower
African Capital Alliance (“ACA”) today announced the sale of Cornerstone Tower, an A-grade office building in Lagos, to Everty, a strategic investor that focuses on acquisition and development of prime real estate around the world. ACA’s pioneer Real Estate Fund, Capital Alliance Property Investment Company (“CAPIC”) made the investment in partnership with Cornerstone...
ACA portfolio companies listed in Inspire Africa 2019 report
Source: LSEG
July 8, 2019, Lagos, Nigeria – A number of ACA Portfolio Companies have been listed in the CDC/London Stock Exchange Group Companies to Inspire Africa 2019 Report:
Bankers Warehouse Plc
Beloxxi Industries Ltd.
FilmHouse Ltd
Niger Delta Exploration and Production Plc
Swift Networks
Click the link to read more on the full report...
MTN lists on Nigeria Stock Exchange
July 8, 2019, Lagos, Nigeria – MTN Nigeria has been listed on the Nigeria Stock Exchange by way of Introduction in May 2019, and the shares would be open to Nigerian investors as part of the second phase of the listing. This means that the company was listed in the initial phase, without any public offer or sell-down or initial public offering.
The President and CEO...