Divestment from UAP wins “Exit of the Year” award from PE Africa
AfricInvest’s successful divestment from UAP in January 2015 has earned it the award of “Exit of the Year - Midcap” at the Private Equity Africa Awards 2016 (PEA Awards). The prize was accepted by Skander Oueslati, Senior Partner, on behalf of the East Africa team. 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, 2016, 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.