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Emerging Capital Partners (ECP) is a Pan-African private equity firm focused on investing across the African continent including Francophone Africa. The firm is the first private equity group to raise over US$2 billion, invested exclusively in African companies.〔"The New Scramble for Africa"; ''Global Investor Magazine''; December 1, 2007〕 The firm's investors are uncorrelated to the U.S. and other global economies. The firm has invested in approximately 55 companies and has fully exited over 31, achieving an average return of three times its initial investments. In June 2010 it closed ECP Africa Fund III with total commitments of US$613 million, the largest raised fund for growth equity investing across the continent. While the African continent is generally overlooked in terms of investment opportunities, ECP has seen a high demand for capital in African markets, where the demand for investment far outweighs the supply. In addition, the past several years have seen positive shifts, such as government movement to open-market philosophies and improved macro-economic fundamentals. ECP has found that these factors are enabling Africa to become a vibrant marketplace with a defined opportunity set for private equity investment. ==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.〔"Emerging Capital Partners"; ''Emerging Private Equity''; July–August 2008; pp.16, 18〕 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.〔"Initiators of Change"; ''Private Equity International''; June 2008, Issue 66〕 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.〔()〕 The firm has offices in Lagos, Nigeria, Abidjan, Cote d'Ivoire, Johannesburg, South Africa, Tunis, Tunisia, Douala, Cameroon, Casablanca, Morocco, Nairobi, Kenya, Washington, D.C. 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. In May 2015, co-CEO Hurley Doddy was named Chair of the African Private Equity and Venture Capital Association ('AVCA').〔(【引用サイトリンク】url=http://www.avca-africa.org/african-private-equity-and-venture-capital-association-announces-changes-to-board/ )〕 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Emerging Capital Partners」の詳細全文を読む スポンサード リンク
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