Capital of Africa

our approach

Coronation Capital (CCL) is a leading alternative assets manager and private equity investor sponsoring funds and managing investments in West African companies with the capacity to become pan-African champions.

Our founders started investing in Financial Services over 15 years ago and we launched our first captive private equity fund (Fund I) in 2015 investing our own capital. Our focus is on sectors we know intimately and which possess attractive underlying fundamentals, driven by compelling demographic trends and urbanization, rising consumer demand, a deepening middle class, under-penetrated rural mass markets as well as increased use of technology platforms such as mobile phones.

Investment Criteria

  • USD10-25million for strategic, significant minority or control transactions
  • Expansion, replacement capital, buyout or take private
  • 5-7 year investment horizon with exits via trade buyers, secondary buyouts, capital markets or other financial instruments
  • Platform businesses looking to enter new markets / pan-Africa
  • Transformation opportunities (Do ‘ Simpler’, ‘Better’ and ‘Faster’)
  • Target 15-20% USD cumulative gross IRR over a 5-7 year horizon

Core Values

We adhere to a set of core values which have defined our culture since inception. At the heart of these values, is an uncompromising commitment to exceptional fiduciary care and responsibility, high ethical and governance standards, do ‘Simpler’, ‘Better’ and ‘Faster’ within a predictable transformation programme which enhances talent and ensures reliable and responsible outcomes. 

CCL People

We are proud of our team and ecosystem which has been built over 25 years of proven experience. Our investment team, independent Investment Committee directors, analysts and operational transformation planners have been drawn from recognised institutions and backgrounds in Africa, Europe and the US. Importantly, our team has extensive investment expertise in Africa and considerable experience in our chosen sectors – Financial Services, Consumer Goods & Services and Technology Solutions. Our skill lies in how we structure deals, how we do business and support portfolio companies and how we help transform them to become pan-regional and pan-African champions.

What you can expect

  • Diverse team - who ask plenty of questions and help find answers
  • Invest wisely - focused on value creation
  • Integrity – upholding the highest standards of fiduciary responsibility, confidentiality and professionalism without compromise
  • Alignment – we invest our capital alongside investors’ to align our risk and reward incentives
  • Teamwork – we are creating a community around our team, portfolio and potential investee company management teams and a wider ecosystem we aim to positively influence
  • Quality – our aim is to deliver best in class investment activities and execution and service to our investors
  • Entrepreneurship – we are well differentiated through the entrepreneurial actions of our people and founder, Mr Aigboje Aig-Imoukhuede
  • Determination – to show respect to others at all times