GPCA and the Middle East Venture Capital Association (MEVCA) will host an investor training on Private Funds: Hot Fundraising Terms, Conditions and Trends, with partners from DLA Piper examining trends and important considerations in fund formation.
Topics will include:
What do fund terms and conditions look like in the current environment and how they are changing?
What structures are being used in the region to raise and deploy capital? What are the opportunities and challenges inherent in these approaches?
An interactive negotiation scenario, as well as opportunities to ask questions of the speaker faculty and discuss topics with industry peers.
In January 2022, Seedstars Africa Ventures invested in Beacon Power Services (BPS), a Nigeria-based developer of proprietary grid management software and data solutions for Africa’s power industry. BPS seeks to improve the reliability and quality of the continent’s energy supply through the creation of smart grids and by leveraging extensive data collected on the ground.
With Seedstars’ support, the population that BPS reaches through its clients has grown from eight million in January 2022 to over 60 million as of September 2023. The company expanded from working with one utility in Lagos to opening two more in Ghana. Seedstars has also pushed BPS to recruit more women across all levels of the company, recognizing that they are underrepresented in the energy industry. Over 30% of the staff is female, and BPS is striving to integrate more women on both the accounting and technology sides of the business.
Registration is open for theGPCA Investors Meetingon 19November at Hotel Café Royal in London. Capped at 120 attendees, this one-day private meeting convenes a highly curated group of GPCA Member investors and global LPs for small-group discussions and one-on-one meetings to promote candid, peer-to-peer conversations between prominent private capital participants.
Discussions will include:
How Will the Next Generation Invest, with representatives from leading families from India, Saudi Arabia and other global markets
Creative Approaches to Increasing DPI, including secondaries and other paths for liquidity/exits
The Future of Climate Transition Investing
Broadening the Capital Base: The Role of Retail/HNWI Investors, looking at diverse products and strategies for distribution, including listed products, private banking platforms, etc.
Finding Alpha Globally: Private Capital Plays
Participating investors will include:
Cyndi Mosquera, MetLife Asset Management
Matt Ridley, Windmill Hill Asset Management (the Rothschild
Other participants include: Aware Super, Actis, Cambridge Associates, Soros Economic Development Fund, CPP Investments, Ceniarth, Breakthrough Energy, Lightrock, Siguler Guff, L Catterton and Sackville Capital
The program will conclude with a brief ceremony to recognize the winners of the GPCA Deal Awards and an early evening reception.
A GPCA Members Reception, co-hosted by Debevoise & Plimpton, will be held the evening prior, on 18 November, for GPCA Members, global institutional investors and other invited guests.
