Africa-Focused Mezzanine

Serengeti is an advisor to Gulf Capital’s GC Credit Opportunities Fund II, Gulf Capital’s $300M mezzanine fund. GC Credit Opportunities Fund II is the first Gulf Capital vehicle with a significant allocation for sub-Saharan Africa. The Fund takes a private debt-oriented approach to evaluating investment opportunities, and seeks to invest between US$10M to US$40M in companies that meet the following investment criteria:

  • Solid Sector Fundamentals, non-cyclical industries with stable and positive fundamentals;
  • Experienced management teams;
  • Solid historical financial performance and robust cash flow generation;
  • Realistic business plans with compelling, value-added uses of capital;
  • Strong corporate governance practices; and
  • Contractually defined exit alternatives

Pension Fund Management

In July of 2015 Serengeti acquired NewWorld Asset Management, licensed by the Securities and Exchange Commission as an Investment Advisor and Fund Manager, and registered as a Pension Fund Manager with the National Pensions Regulatory Authority. NewWorld Asset Management works with leading pension trustees such as Enterprise, GenTrust, Secure, as well as managing funds for selected institutions.