Private Equity in Africa: Emerging Capital Partners' Hurley Doddy on myths of Africa & the arrival of PE megafirms

Hurley Doddy, Co-Founder, Managing Director, & Co-CEO of Emerging Capital Partners (ECP)

Fundraising in Africa reached a record $4 billion in 2014, but the demand for capital still far exceeds the supply, a panel of private equity executives told attendees of the Global Private Equity Conference hosted earlier this week by the International Finance Corp. and the Emerging Markets Private Equity Association.

“Africa is still not getting the amount of money commensurate with the opportunity,” said Emerging Capital Partners co-founder, Managing Director and co-Chief Executive Hurley Doddy.

We caught up with Mr. Doddy, whose firm invests throughout Africa, on the sidelines of the conference to talk more about lingering concerns and the arrival of some of the biggest names in the industry. Here is an edited transcript.

Read more: Q&A: ECP’s Hurley Doddy on Myths of Africa and the Arrival of Megafirms – Private Equity Beat – WSJ

Recommended