History
ECP initially started operating in 2000, as part of EMP Global. Under EMP, ECP gained responsibility of Framlington Investment Management’s two Africa funds, the West Africa Growth Fund and the Central Africa Growth Fund. In 2005, ECP spun out on its own under the leadership of Thomas Gibian, Hurley Doddy, Vincent Le Guennou and Carolyn Campbell.
Since the spin out, ECP has gained the reputation as one of the leading private equity firms focused on the African market. Limited partners in its funds include global institutional investors, such as pension funds and endowments, as well as global institutions like the European Investment Bank, African Development Bank and the International Finance Corporation.
Headquartered in Washington, D.C., the firm has offices in Lagos, Nigeria, Abidjan, Cote d'Ivoire, Johannesburg, South Africa, Tunis, Tunisia, Douala, Cameroon, Casablanca, Morocco, Nairobi, Kenya and Paris, France. It has used this local presence to set up the network and social infrastructure needed to facilitate the collection and interpretation of business information on the continent.
Read more about this topic: Emerging Capital Partners
Famous quotes containing the word history:
“I saw the Arab map.
It resembled a mare shuffling on,
dragging its history like saddlebags,
nearing its tomb and the pitch of hell.”
—Adonis [Ali Ahmed Said] (b. 1930)
“You treat world history as a mathematician does mathematics, in which nothing but laws and formulas exist, no reality, no good and evil, no time, no yesterday, no tomorrow, nothing but an eternal, shallow, mathematical present.”
—Hermann Hesse (1877–1962)