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Fund Management & Investment Structuring

Investment vehicles built for governance, institutional subscription, and scale

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Reconciling DFI impact mandates with commercial return requirements in one vehicle

Domicile choice between African and offshore jurisdictions and what each signals to investors

We advise institutional investors, development finance institutions, and family offices on the design, governance, and management of investment vehicles targeting African assets — structured for the investors they are meant to attract.

A fund investing in Africa usually has to satisfy two audiences at once: development finance institutions with impact mandates and reporting obligations, and commercial LPs with return requirements and exit expectations. Domicile, terms, and governance all follow from which investors must be reconciled.

Fund establishment, infrastructure and development funds, and co-investment platforms for African and international capital.

Fund Management & Investment Structuring

Investment vehicles designed for governance, performance, and scale

Institutional fund structure

Governance architecture connecting GP, LP, co-investors, and oversight committees.

General partnerInvestment & governance
01Limited partnersInstitutional capital
02Co-investorsStrategic LPs & DFIs
03Advisory committeeLP oversight
04ESG committeeImpact & reporting

Services & capabilities

What we deliver

Discuss this advisory pillar with our South African team.

Capability detail

Fund architecture

Legal and economic structuring — terms, waterfalls, and governance fitted to a mixed DFI and commercial investor base.

15+

Fund mandates

Structured across asset classes and geographies

AIFMD

Regulatory depth

Group fund compliance and cross-border distribution experience

How we've helped

Fund formation

Establishing an infrastructure fund for DFI and commercial LPs

We advised on the formation of an infrastructure vehicle targeting African assets — structuring LP and GP terms, governance documentation, and the impact reporting development finance subscribers required alongside commercial return terms.

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Our approach

A disciplined approach to capital advisory

Our Johannesburg team guides clients through domicile choice, fund design, LP and GP alignment, regulatory positioning, and operational setup — so vehicles are investable by DFIs and commercial investors together rather than one at the expense of the other.

Define

Clarify strategy, LP profile, regulatory route, and economic terms — including waterfalls, fees, and governance expectations.

Architect

Draft fund documentation, regulatory filings, and operational setup with administrators, depositaries, and legal counsel.

Launch

Coordinate anchor outreach, data-room diligence, and subscription closings with institutional discipline.

Operate

Implement reporting, compliance, and portfolio oversight frameworks from first close onward.

Client outcomes

  • Investable structures with governance and terms institutional LPs recognise
  • Vehicles positioned correctly with the relevant regulator and domicile
  • Operational frameworks supporting reporting, compliance, and oversight from launch
  • Capital raised across DFI and commercial investor bases

Contact us

Discuss your mandate

Discuss this advisory pillar with our South African team.