Firm completes buyout, targets Africa’s real asset market

2026-02-26 - 04:36

Following the completion of a management buyout, Grene Capital Management Nigeria Limited, Grene Capital, has concluded plans to operate as an independent, Africa-focused real asset fund manager originating from the growth market infrastructure investor, Actis. Grene Capital was established to invest in stabilised, institutional quality real estate offering institutional investors steady, predictable cash flows and a hedge against inflation. The firm currently manages a closed-end real estate fund with approximately US$82 million in assets under management. Speaking on the development, Managing Partner/CEO of Grene Capital Management Nigeria Limited, Funke Okubadejo, said: “This transition strengthens our ability to operate as a fully independent Africa-focused real asset investment manager while maintaining continuity for our investors and partners. Our focus remains on disciplined asset selection, active asset management and delivering stable, inflation hedged cash flows and attractive risk adjusted returns from high-quality assets in key gateway cities in Nigeria and other parts of Africa. “The transaction follows a strategic refocus of Actis’ real estate investment approach towards investments in Asia, and to digital infrastructure investments across Asia, Latin America and the Middle East. Actis remains active in the broader infrastructure and energy sectors in Africa.” Meanwhile, Vice Chairman at Actis, David Morley, added: “Ownership of the fund manager has transitioned to a highly experienced leadership team that has been responsible for the fund’s strategy and performance from the start. Grene Capital’s operations, assets and investment approach remain unchanged, and we are supportive of a smooth transition as the business continues under independent ownership.” Grene Capital’s investment strategy continues to prioritise defensible, stabilised assets. Its mission is to mobilise institutional and private capital into resilient real assets delivering enduring value for investors and sustainable growth for the markets served.