The Phatisa Group was founded and led by Valentine Chitalu, Phatisa Group Chairman, Duncan Owen and Stuart Bradley – Founding Partners. The Senior team is supported by a team of > 30 hand-picked individuals dedicated to generating excellent returns, as well as to delivering ‘best of breed’, transparent and ethical fund management services to all stakeholders.
WE SPEAK > 30 LANGUAGES | WE ARE HOME TO STAFF FROM > 12 NATIONALITIES | COLLECTIVELY WE HAVE > 500 YEARS’ EXPERIENCE | CUMULATIVE YEARS WORKING TOGETHER > 1,100 YEARS
Established in 2005, Phatisa is an African resident fund manager operating from offices in Côte d’Ivoire (Q2 2018), Kenya, South Africa, Mauritius and Zambia, and General Counsel based in London. At Phatisa’s core is deep African operating experience from which it drives value within Portfolio Companies. Phatisa’s portfolio team comprises a pool of professionals, a number of who have held leadership roles in Africa with Unilever, DIAGEO Lonrho, AFGRI, SABMiller and Finlays. Similarly, Phatisa’s deal team has significant investment skills through individuals who have previously worked at 3i, Actis, Aureos (now Abraaj), TransCentury and CDC Group.
Valentine is Chairman of Phatisa, MTN (Zambia) and SABMiller (Zambia). He sits on various additional boards. At the Zambia Privatisation Agency, he oversaw the disposal and privatisation of 240 businesses. He was chairman of the Zambia Venture Capital Fund, board member of Commonwealth Africa Investments and Central African Director for CDC Capital Partners.
Qualified as a chartered accountant and engineer, Duncan was Managing Director of Unilever, Zambia; Business Director – Africa at CDC Capital Partners; and deputy CEO of AFGRI Products. He has completed in excess of 40 change-of-control transactions, and has lived and worked in South Africa, Zambia, Kenya, Zimbabwe, Nigeria and Ghana.
Stuart has 18 years’ African private equity experience with CDC Capital Partners, Aureos Capital and Phatisa Group, of which he is co-founder. Stuart has successfully raised over US$ 1 billion for private equity funds in Africa. Previously, he was Managing Partner of Aureos Southern Africa Fund and General Manager of Takura Ventures in Zimbabwe.
Robert was a founding partner of Phildrew Ventures with five funds of > US$1bn of assets under management; the business was sold to UBS in 2000. Subsequently, he joined Bridgepoint Capital, managing 10 underperforming assets. In Africa, Robert has mentored two SME funds, trustee of a Malawian microfinance business and chairs a grant-making trust. More recently he served as an Investment Director of Gatsby, managing a budget of US$20m and CIO of Msingi, East Africa.
Yida joined Phatisa from Trans-Century, where he spent six years as Head of Corporate Finance and Strategy. Previously, he worked with JP Morgan, Actis and Aureos. Yida is experienced in investment banking, corporate finance and private equity. Between 2010 and 2013, he was a non-executive director of the Kenya Investment Authority.
Martin previously worked at Diageo, where he held positions of Supply Chain Director, Diageo Southern Africa and Finance Director, Brandhouse Beverages, Diageo’s joint venture with Heineken and Namibia Breweries. He also served as a member of the audit committee and alternate non-executive director of Namibia Breweries. Prior to 2011, Martin was with Procter & Gamble (P&G) where he worked for more than 13 years in several commercially focused and functional finance roles in Europe and Africa, which included finance director for P&G’s eastern and southern African businesses.
PETER VAN AS
Peter’s career has focused on emerging markets for multi-nationals, including Dutch dairy, Unilever, Smollan and DIAGEO. He has served on boards in Africa and North America. At Unilever, Peter worked in developing markets in eastern, central and southern Africa. He specialises in setting up businesses, establishing go-to-market systems and processes.
Okomboli joined Phatisa from Norfund in Nairobi – experienced in East African real estate investment and deal structuring, due diligence, and expert project management and valuation capabilities. Okomboli leads the East African property team and driving investment opportunities in Kenya, Uganda, Rwanda and Tanzania.
Paul has worked with the likes of Deloitte, Lonrho East Africa, the British Printing Company Limited, Lonrho Africa Plc, and James Finlay Group. He also has extensive international interim management and consultation experience in Africa, from finance, supply chain and project management to restructuring, HR and change management.
Joe specialises in international investment and financing transactions and has more than 15 years’ experience advising on private equity and complex cross-border transactions, in particular in Africa. Before joining Phatisa and Michelmores, Joe was corporate partner at Steptoe & Johnson, co-founded Africa Legal, and was General Counsel of CDC Group plc.
Rinolan has played a key role in Phatisa’s African Agriculture Fund having deployed over US$ 75 million since he joined Phatisa in 2013. Prior to joining Phatisa, Rinolan was a Manager in PwC’s Deals Division where he worked on several M&A transactions, divestitures and valuations across Africa. He commenced his career at PwC and is a qualified chartered accountant after having spent four years in Johannesburg and Chicago.