Private equity

Dry Powder

We have estimated the dry powder of the African Private Equity Industry, using fundraising data and the average deployment period RisCura observed.

Private Equity investment activity over time

Fundraising represents the supply of capital available from private equity funds for investment. The extent to which an equal supply of investable opportunities exists is not directly observable. However, the level of deal activity and the prices at which investors make such investments are measurable.

Total private equity transaction activity has steadily increased over the last two years – by 20% from June 2018 to June 2019 and by 8% from June 2019 to June 2020 – as fund managers continued to deploy the significant amount of capital created in the market during earlier fundraising years.