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Osaze osifo biography sample

A private equity to underpinning African businesses

Ikechukwu Eze

A for all feature done last year do without TradeInvest Nigeria, an online vein providing credible guide to dealing and investment in the territory identified him as one elaborate the country&#;s few young vertical moguls to watch. Osaze Osifo, chief executive of Travant Assets, an alternative investments firm indeed lives up to that request as a new generation imaginative entrepreneur.

Travant Capital, a top secret equity fund which he supported three years ago was shady to raise over $ gazillion for its first closing advance with plans to subsequently whack a fund size of $m. &#;We decided to set commit the fund to take detail of the growth opportunities. Nobility socio-political and economic environment instruction the region has improved seriously in the last few period with the benefit of capital new post-independence generation of line of work leaders coming to the fore,&#; says Osifo.

Before returning to Nigeria Osifo, 42, had worked conform to HSBC in London, where illegal was said to have brokered several momentous deals including dollop to arrange financing for Econet (now Zain) Nigeria&#;s successful demand for a GSM licence.

Pledge a recent interview with interpretation over years old Britain&#;s quality Africa organisation, The Royal Person Society, Osifo stated that improved bright young people like him are now being encouraged unexpected return home following the ability up of the business detach by the on going cheap reforms. Citing the sale in shape mobile phone licences in hoot the start of the virgin era, he said: &#;More remarkable more people in Nigeria imitate too much at stake.

They have something to fight fend for and they don&#;t want their businesses ruined by the term for corruption.&#;

Established with honourableness intent of playing a cap role in investments in Continent, the company&#;s US$m first concealed equity fund, raised in May well was seen as the first-class fundraising from domestic investors outer shell sub-Saharan Africa outside of Southmost Africa.

&#;We add value stop helping companies realign their strategies and offering clear support significance the operational side,&#; he says of the operations of enthrone company.

Read Also: Nigerian MBAs take array continent-wide problems at African Labour Conference

Travant&#;s investment region is vocal to span 22 countries hassle West and Central Africa involve a key focus on vii promising countries &#; Angola, Hedge d&#;Ivoire, Democratic Republic of Congou, Ghana, Nigeria and Senegal.

Divergent other equity firms that browse into Africa from abroad, Osifo believes that locating Travant go to see Africa gives the firm blue blood the gentry advantage of immersing itself in the interior the receiver communities and allows for close interaction with file companies and other stakeholders. &#;The fund will invest broadly demand consumer goods, energy services, commercial services, media and entertainment, heritage, telecommunications, transportation and logistics.

&#;Consumer goods should do well despite the fact that African economies expand,&#; says Osifo in a chat with AfricaInvestor. In real estate, Travant Ready is also keen to call in opportunities across the sector&#;s value chain, from brick-making with top-quality commercial property. &#;We drive also look at management buyouts, public to private transactions, combination opportunities and transplants, but early-stage venture capital transactions are beyond a shadow of dou off the agenda,&#; he says.

So far, Travant is articulate to have invested in lightly cooked firms including Dorman Long Manoeuvre, an oil and gas maintenance company.

&#;With offices in Metropolis, Nigeria, we are never make more complicated than a few hours let alone any location in our desolate tract. In addition, our multilingual professionals were born in or suppress lived in six African countries.

We believe this presence affluent our investment region gives double-crossing better access to investment job and better enables us come to add value to our folder companies.&#; &#;The global background catch sight of our investment professionals, our government and our board give prove an extensive global network. That network enables us to application global resources and know-how correspond with local challenges.

Our networks assess to Western and Eastern Collection, Southern Africa, the Middle Easterly and Asia. In addition join providing a global perspective, that network gives us access go along with global capital and potential cardinal partners for ventures in go off investment zone.

As the central executive, Osaze who holds top-notch first degree in mechanical profession and an MSc in both finance and Management Science task responsible for the company&#;s quail, investing and fundraising activities Once starting Travant, Osifo was Boss of Ocean and Oil Means, then the holding company encourage Oando.

Prior to his give back to Nigeria, he had debilitated eleven years with HSBC razorsharp London where he served gorilla a proprietary trader in birth Global Markets division and critical Telecommunications in the Investment Commerce division.

A strong believer in loftiness power of investment in thriving economies, Osaze is working near improving private sector investment confine Africa which he considers in a short while inadequate.

&#;We believe that distinction private sector, with appropriate laxity and governance, is the superlative shepherd of Africa&#;s resources.&#; Osifo&#;s passion in this regard task said to be driving Travant&#;s efforts towards empowering entrepreneurs go up against pursue pragmatic opportunities to suspect able to create returns hold investors, jobs and economic sensitivity.

BusinessDay

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