SYNERGY MANAGERS MAURITIUS LTD, WINS PRESTIGIOUS PRIVATE EQUITY AFRICA AWARD

MARCH 24TH, 2016

Synergy Managers Mauritius Ltd, Fund Manager of Synergy Private Equity Fund LP is pleased to announce that it has won House of the Year, West Africa at the Private Equity Africa Awards 2016 (PEA Awards) for the first time.

The PEA Awards celebrate the achievements in the industry, focusing solely on the best-in-class achievements of investors and advisors. The awards were presented at the 5th Annual Private Equity Awards Gala Dinner on 9th June, hosted at London’s prestigious Langham Hotel.

The final winners were chosen by an independent panel of highly respected industry participants with representation from Adams Street Partners, HarbourVest Partners, Kusuntu, CDC, Hamilton Lane, SAVCA, Sarona Asset Management, Aon Hewitt and AFIC Africa. The 2016 Awards attracted over 80 self-entries, complemented by recommendations from the PEA editorial team and supported by industry data. The Awards nominee list was then compiled in partnership with the London Business School Private Equity Institute.

Ayodele Arogbo, Partner, Synergy Managers Mauritius Ltd, at the PE Africa Awards 2016 commented on the award saying:

“We are excited about the award and thank the entire team of PE Africa and its judges for recognizing and qualifying us as recipient of this award. We started out with the aim of building world class companies across the West African region based on our experience and expertise with financial instruments in both debt & equity; little did we know our strategy will be rewarded in this way.”

“We hope to garner more confidence from the private equity community not just with our deals; but also in attractive returns to investors.”

Gail Mwamba, the Awards Chair and Editor of Private Equity Africa, said:

“As the dynamic private equity market in Africa continues to go from strength to strength, this year’s awards have distinguished the innovative investment and advisory work from some of the region’s most transformative deals over the last year.

“The results that the award winners have achieved in the last year truly demonstrate the immense opportunity in African private equity. Congratulations to Synergy Managers Mauritius Ltd and all the winners for this year and we look forward to gathering again next year.”

Synergy Private Equity Fund LP (SPEF), is a Small Medium Enterprise (SME) focused fund domiciled in Mauritius targeting investments in high growth sectors in Nigeria and Ghana, two of the fastest growing economics in Sub- Saharan Africa.

About Private Equity Africa. Private Equity Africa is a London-based news source that focuses exclusively on Africa’s private equity industry, providing news, analysis and research. Our outputs include an online portal, a newsletter, a quarterly print journal and events. Subscribe at www.privateequityafrica.com

Rebecca Williams, Investor Relations
Synergy Capital Managers