Stakeholders Brainstorm on Improving Pension Fund Allocation

Stakeholders Brainstorm on Improving Pension Fund Allocation

Ebere Nwoji

Issues bothering on providing a platform for Pension Fund Administrators in Nigeria (PFAs) and other Limited Partners (LPs) formed the thrust of discussions at a recent investment forum jointly organised by industry stakeholders.

The meeting was jointly organized by the African Private Capital Association, Pension Fund Operators Association of Nigeria (PenOp) and the Private Equity and Venture Capital Association (PEVCA).

It gave opportunity to participants to network and exchange knowledge with private capital fund managers and industry practitioners, as well as fostering stronger connections and collaborations between these two sectors.

PenOp Chief Executive Officer, Oguche Agudah said the forum was informed by the fact that historically, pension funds’ investment in private capital had remained relatively low against this backdrop,
the  organisations joined forces to host a series of events designed to enhance the comprehension of this asset class and, ultimately, increase institutional investor fund allocations to private capital investments in Nigeria.”

He said the event was kicked off with a networking session sponsored by TNP, and that it offered professionals a relaxed and informal environment to meet, forge new connections and deepen existing relationships. 

“Subsequently, an LP private capital masterclass was conducted, featuring world-class private equity professionals facilitating the sessions. Pension funds and private equity professionals were educated on various aspects, including selecting promising investments, gaining a better grasp of private equity in the Nigerian context as well as internationally, raising funds, attracting investors, choosing adept fund managers, and effectively navigating macroeconomic challenges”, he stated.

The PenOp boss said the highlight of the series was the Limited Partners Roundtable, where a number of Pension funds and Development Financial Institutions came together as institutional investors to share learnings and experiences.

He said the primary aim of the session was to facilitate connections between delegates that have already invested in private equity, whether in Nigeria or abroad, adding that the focus was on knowledge sharing, peer learning, collaboration, and ultimately increasing allocations to the asset class.

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