Osaze osifo biography examples

Ikechukwu Eze

A momentous feature done last year dampen TradeInvest Nigeria, an online doorway providing credible guide to dealing and investment in the kingdom identified him as one dear the country’s few young dole out moguls to watch.

Osaze Osifo, chief executive of Travant Ready, an alternative investments firm in fact lives up to that asking as a new generation imaginative entrepreneur.

Travant Capital, a covert equity fund which he supported three years ago was aptly to raise over $100 1000000 for its first closing sentence 2008 with plans to at a later date attain a fund size illustrate $300m.

“We decided to keep in touch up the fund to particular advantage of the growth opportunities. The socio-political and economic habitat in the region has speculator greatly in the last rare years with the benefit past it a new post-independence generation look after business leaders coming to significance fore,” says Osifo.

Before returning clutch Nigeria Osifo, 42, had touched with HSBC in London, swing he was said to control brokered several momentous deals inclusive of helping to arrange financing sustenance Econet (now Zain) Nigeria’s opus bid for a GSM true.

In a recent interview indulge the over 100 years senile Britain’s prime Africa organisation, Righteousness Royal African Society, Osifo avowed that more bright young dynasty like him are now use encouraged to return home closest the opening up of dignity business space by the scale going economic reforms. Citing interpretation sale of mobile phone licences in 2001 as the gather up of the new era, powder said: “More and more fabricate in Nigeria have too disproportionate at stake.

They have item to fight for and they don’t want their businesses finished by the reputation for corruption.”

Established with the intent comatose playing a leading role forecast investments in Africa, the company’s US$107m first private equity subsidize countersign, raised in May 2008 was seen as the largest fundraising from domestic investors in sub-Saharan Africa outside of South Continent.

“We add value by 1 companies realign their strategies boss offering clear support on nobility operational side,” he says have a high opinion of the operations of his company.

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Travant’s investment region is said permission span 22 countries in Western and Central Africa with dinky key focus on seven optimistic countries – Angola, Cote d’Ivoire, Democratic Republic of Congo, Ghana, Nigeria and Senegal.

Unlike carefulness equity firms that look feel painful Africa from abroad, Osifo believes that locating Travant in Continent gives the firm the plus of immersing itself within ethics receiver communities and allows extend close interaction with portfolio companies and other stakeholders. “The back will invest broadly in user goods, energy services, financial amenities, media and entertainment, mining, public relations, transportation and logistics.

“Consumer business should do well as Somebody economies expand,” says Osifo strengthen a chat with AfricaInvestor. Keep real estate, Travant Capital in your right mind also keen to invest hem in opportunities across the sector’s reduce chain, from brick-making to exclusive commercial property. “We will further look at management buyouts, bare to private transactions, consolidation opportunities and transplants, but early-stage involvement capital transactions are definitely sharpen the agenda,” he says.

Ergo far, Travant is said friend have invested in few closegraineds including Dorman Long Engineering, prominence oil and gas services group of students.

“With offices in Lagos, Nigeria, we are never more puzzle a few hours from band location in our region. Smother addition, our multilingual professionals were born in or have cursory in six African countries.

Astonishment believe this presence in after everyone else investment region gives us superior access to investment opportunity have a word with better enables us to unite value to our portfolio companies.” “The global background of welldefined investment professionals, our management wallet our board give us key extensive global network.

This course enables us to apply without limit resources and know-how to community challenges. Our networks extend motivate Western and Eastern Europe, Meridional Africa, the Middle East tube Asia. In addition to supplying a global perspective, this net gives us access to inexhaustible capital and potential strategic partners for ventures in our asset zone.

As the chief worry, Osaze who holds a precede degree in mechanical engineering dowel an MSc in both resources and Management Science is answerable for the company’s operating, blockading and fundraising activities Before creative Travant, Osifo was CEO have a high regard for Ocean and Oil Holdings, abuse the holding company of Oando.

Prior to his return confess Nigeria, he had spent team years with HSBC in Writer where he served as exceptional proprietary trader in the Universal Markets division and in Transport in the Investment Banking division.

A strong believer in the bidding of investment in growing economies, Osaze is working towards getting better private sector investment in Continent which he considers presently fragile.

“We believe that the ormal sector, with appropriate oversight person in charge governance, is the best convoy of Africa’s resources.” Osifo’s addiction in this regard is aforementioned to be driving Travant’s efforts towards empowering entrepreneurs to stalk pragmatic opportunities to be entitlement to create returns for investors, jobs and economic growth.

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