Victoria Robson
The firm has announced promotions across its offices in Warsaw, London, and Istanbul as it continues to deploy its fourth fund.
The firm planned to start raising its successor vehicle last September targeting $500 million.
Following the appointment of Sherborne Investors’ representatives Edward Bramson and Ian Brindle to the board in November, the London-listed investment trust announced it will “look at all options for maximising long-term shareholder value”.
With the global embargo lifted, firms in Iran are starting to raise capital from international LPs with a taste for frontier markets.
The firm has made new appointments in its operations and development, research and origination, and investment teams.
The fund has completed its second investment since its first close in August, acquiring a minority stake in an Indian ATM outsourcing company, with more deals in the immediate pipeline.
The Tehran-based firm began meeting European investors last year ahead of the end of international sanctions on Iran announced this week.
The consumer brand-focused firm has raised $1bn toward a $2.25bn target.
Andrew Ratcliffe joins the youth-focused charity from the Africa Governance Initiative.
In a rush of year-end transactions, the Dallas-based firm has announced two exits and an acquisition in Poland.