AMWatch

Former Nordea AM director eyes more East African business as PE portfolio prospers

Ethiopian-based Zoscales Partners, that has several Danish family offices among its investor base, floats idea of second PE fund following initial and closed USD 75m fund. The fund invests in one of world's economic hotspots and helps develop East African enterprises.

Jacop Rentschler (left) visits a portfolio company | Photo: PR

East African economies are among the fastest growing in the world. The International Monetary Foundation, IMF, forecasts the annual growth rate of the region's powerhouse Ethiopia to land around 8 percent annually until 2023.

This is the business case for Jacop Rentschler and Zoscales Partners. He is co-founder and managing partner of the PE firm together with Ashenafi Alemu, who he met as a foreign exchange student in Denmark.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Nasdaq reports record year in Europe

In 2021, the number of new equity listings on the Nasdaq exchange in Copenhagen broke the old record set in 2007, and in Stockholm, the exchange recorded its highest-ever number of new listings. Nasdaq also had increasing trading volumes last year.

Further reading

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch