We recently shared the news about investment firm, Helios raising Africa’s largest private equity fund with its recent capital raising of about $900 million. The firm recently indicated that it has keen interest in Kenya’s telecoms sector.
During an e-mail statement released to the Press, a Helios official indicated that the company is looking to grow its footprint in Kenya through its investments in Continental Outdoor and Helios Towers Africa.
“We cannot give a specific breakdown, however we are looking to grow our footprint in Kenya,” Helios further stated.
Helios Investment Partners is an Africa-focused private investment firm. Helios operates a family of funds and their related co-investment entities, aggregating more than $1 billion in capital commitments, pursuing a full range of investment types, including business formations, growth equity investments, structured investments in listed entities and large scale leveraged acquisitions across Africa. The firm also managed the $110 million Modern Africa Fund on behalf of a range of investors which included the U.S. government’s Overseas Private Investment Corporation and several leading U.S. corporations.