Adenia appoints IR head as fifth fund is set to exceed $400m target
Adenia Partners has appointed Mack Schow as its head of investor relations.
Schow joins Adenia with more than a decade of experience at DEG, Germany’s development finance institution. Most recently serving as DEG’s deputy head of equity for Africa, Schow co-managed the team covering DEG’s approximately $800 million corporate equity business portfolio across Africa, which included commitments to 40 Africa-focused private equity funds.
At Adenia, Schow will help the firm further develop its relationships with its broad base of long-term existing partners and seek to attract new investors to its platform.
The new appointment comes as Adenia will exceed its $400 million target fundraise for its latest Fund V.
“Mack’s appointment as Adenia’s inaugural head of investor relations is an incredibly exciting milestone for the firm, and it showcases our deep commitment to our partners, who have entrusted us to provide strong financial returns, while having a long-term positive economic impact on the African continent,” said Stéphane Bacquaert, managing partner at Adenia. “His far-reaching experience as an institutional investor with deep networks across Africa, makes him a stellar match for Adenia, as we continue to scale our value-based investment program and attract a growing roster of investors.”
“I am immensely excited to join this hugely experienced and entrepreneurial team and look forward to contributing toward Adenia’s impressive track record of building gender-equitable, climate conscious market leaders in Africa,” Schow shared. “I am passionate about expanding the African private equity industry and am thoroughly convinced that Adenia’s proven, sustainable value creation approach offers a great opportunity for both existing and new investors on the African continent.”
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