Commercial capital
Institutional investors · pension · insurance
Private Equity Advisory
Deal, holding, and capital structures for African private equity and co-investment
Contact our specialists
Thin listing markets and concentrated trade buyers limiting exit routes
Currency movement between investment, holding period, and repatriation
We advise private equity sponsors, family offices, and development and institutional investors on how to structure, finance, and govern direct and co-investment transactions across African markets.
African private equity is judged on exit more than entry. Listings are thin in most markets, trade buyers are concentrated, and currency movement can erase a good operational result before proceeds are repatriated. Structure, governance, and currency planning set at entry are what preserve the exit.
Deal and holding design, co-investment structures, and acquisition financing for African sponsors and institutional investors.
Private Equity Advisory
Deal, holding, and capital structures built for governance, value creation, and exit
Capital architecture
Blended finance layer stack
How concessional, guarantee-backed, and commercial capital combine in bankable project and fund structures.
Guarantee layer
Partial credit · political risk · first-loss
Concessional finance
DFI · ECA cover · blended tranches
Sponsor equity
Government · corporate · project equity
Layered by payment seniority — commercial capital sits senior, concessional and guarantee layers absorb structured risk, and sponsor equity takes first loss.
Services & capabilities
What we deliver
Discuss this advisory pillar with our South African team.
Capability detail
Deal and holding design
Structures fitted to ownership requirements, investor mandates, and the jurisdictions the asset touches.
- Entry to exit
Advisory scope
Structuring, financing, governance, and exit planning
- AIFMD
Regulatory depth
Fund and direct routes across African and partner jurisdictions
How we've helped
Co-investment
Structure for a pan-African platform acquisition
We structured a co-investment assembling development, commercial, and family capital around a regional platform — setting holding jurisdiction, information rights, and exit mechanics before terms were agreed.
Read moreOur approach
A disciplined approach to capital advisory
We design the holding and capital structure with the exit and the currency path already in view — fitting jurisdiction, instruments, and governance to the investors at the table and to where the asset actually trades.
Frame
Define the investment thesis, the investor route — fund, direct, or co-investment — and the regulatory constraints of each jurisdiction.
Structure
Design holding architecture, capital stack, and governance rights with partner counsel and tax advisers.
Finance
Coordinate acquisition or growth financing with lenders and co-investors — from term sheets through financial close.
Oversee
Support board reporting, value-creation tracking, and exit preparation through the holding period.
Client outcomes
- Holding and deal structures fitted to the investor’s mandate and jurisdictions
- Capital stacks aligned with the business plan and financing covenants
- Clear governance and information rights among sponsors and co-investors
- Exit routes and repatriation paths preserved through structure set at entry
Latest insights
Private Equity Advisory
Analysis on capital and policy
February 17, 2026 · Capital mobilization
Blended Finance and the Additionality Test
CAPITALMarch 3, 2026 · Risk advisory
Currency Mismatch: The Risk That Decides African Financings
RISKJanuary 13, 2026 · Policy & markets
Mining Fiscal Regimes and What Stability Agreements Are Worth
POLICYApril 14, 2026 · ESG & impact
ESG Integration Across the Investment Lifecycle in European Markets
IMPACTSector application
Industries we serve
Private Capital
Partner to family offices, PE, and alternative asset managers
Financial Services
Advisory for institutional investors and financial intermediaries
Technology, Media & Telecommunications
Scaling digital infrastructure with institutional capital
Healthcare
Capital solutions for healthcare systems and life-sciences infrastructure
Related expertise
Explore other advisory pillars
01020304050607
Funding & Capital Mobilization
Mobilizing capital for bankable projects, sovereign programmes, and African investment
Risk Management Advisory
Risk intelligence and mitigation for capital-intensive African mandates
Fund Management & Investment Structuring
Investment vehicles built for governance, institutional subscription, and scale
Guarantees & Credit Enhancement
Risk-sharing instruments that unlock African capital and improve terms
Legal, Securities & Escrow Advisory
Legal, securities, and escrow architecture for African and cross-border investment
Wealth & Asset Management
Preserving and deploying private African capital with institutional discipline
Sovereign & Infrastructure Advisory
Sovereign programmes and infrastructure delivered with institutional discipline
Contact us
Discuss your mandate
Discuss this advisory pillar with our South African team.