Adenia Partners, a transnational African private equity firm, promotes an essential executive to the high-ranking leadership group.
Adenia Partners, a leading Pan-African private equity firm based in Port Louis, Mauritius, has announced significant changes to its leadership team. The firm has appointed a seasoned executive as its new Chief Investment Officer (CIO) and partner, marking a strategic move to deepen and broaden its investment footprint across the continent.
Florent de Boissieu, a former executive at Phatisa, has been elevated to the firm's leadership team, taking on the role of CIO. In this role, De Boissieu is expected to play a central part in executing and expanding Adenia Partners' investment strategy across Africa.
As CIO, De Boissieu will oversee investment decisions and drive the firm’s growth as it taps into diverse African markets. The firm has recently expanded its presence to Egypt and neighbouring countries, with Heba Hakky managing the newly opened office.
The appointment of De Boissieu is integral to Adenia Partners’ ambition to capitalise on Africa’s evolving opportunities. He will steer the firm’s portfolio and strategy, with a focus on investing in mid-sized businesses across Africa.
In addition to the CIO appointment, Adenia Partners is also set to onboard a European Limited Partner (LP) for a new vehicle. The firm has also appointed a former Westpac Bank executive as its group Chief Financial Officer (CFO).
Adenia Partners has raised over $950 million across five funds, but the specific number of funds currently managed by the firm was not specified. The firm’s strategy for its fifth Africa fund emphasises sector and country diversification.
The exact timeline of these appointments and the investment strategy changes was not provided in the article. However, it is clear that Adenia Partners is positioning itself for continued growth and expansion across Africa. The firm's headquarters remain in Port Louis, Mauritius.
Florent de Boissieu, taking on the role of Chief Investment Officer (CIO), will oversee investment decisions and drive the growth of Adenia Partners as it invests in mid-sized businesses across Africa, focusing on sector and country diversification. In addition to the CIO appointment, Adenia Partners is also set to onboard a European Limited Partner (LP) for a new vehicle while also appointing a former Westpac Bank executive as its group Chief Financial Officer (CFO), demonstrating a commitment to business expansion and finance management within the organization.