The annual GPCA Investors Meeting hosted a curated group of 100 private capital LPs and GPs last week in London.
Cambridge Associates kicked off the day kicked off with an Institutional Investor Outlook for Private Markets with MetLife Asset Management, Bregal Investments and Windmill Hill Asset Management (Rothschild Foundations).
The Meeting concluded with a ceremony to honor the winners of the GPCA Deal Awards and was part of a larger slate of GPCA activities in London that week, including a Members Reception and Investor Training, co-hosted by Debevoise & Plimpton, as well as a meeting of GPCA’s DFI Council.
GPCA kicked off a new series of Global Member Meetups, convening investors active in the healthcare sector around the world. Participants shared strategy and portfolio updates – from biotech and medical equipment to healthcare services and delivery – and debated the role of technology and business model innovation in access to affordable care.
Participating firms include Global Health Investment Corporation, Gates Foundation Strategic Investment Fund, DFC, Quadria Capital, AfricInvest, Navis, TVM Healthcare, Vinci Partners, Tata Capital Healthcare, Humania Capital, Linzor Capital IFC and Canadian Medical Protective Association.
Stay tuned for upcoming announcements on GPCA Global Member Meetups happening in 2025.
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.