Investec adds to Africa / Middle East range

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Investec has launched an onshore version of its Africa and Middle East fund to reach the wider UK ret...

Investec has launched an onshore version of its Africa and Middle East fund to reach the wider UK retail market as it closes its $600m Africa fund to new investments. Co-managed by Amr Seif and Roelof Horne the fund will closely mirror the Guernsey-domiciled Africa & Middle East fund launched in April. David Aird, managing director at Investec, said the offshore vehicle was launched, alongside the group’s first Middle East and North Africa (MENA) fund in April to serve mainly offshore markets. “We have launched the onshore fund now because we wanted a fund structure relevant for the en...

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