Gemcorp Capital launches new asset management outfit in Angola
Gemcorp Capital has announced the launch of Kassai, a new domestic asset manager in Angola.
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Gemcorp Capital has announced the launch of Kassai, a new domestic asset manager in Angola.
Kassai was created by Gemcorp to mobilise national and international resources to finance the growth of the Angolan economy. Kassai intends to invest in assets, projects, and strategic opportunities in Angola.
Walter Pacheco has been appointed as CEO of Kassai.
Atanas Bostandjiev, CEO of Gemcorp Group, said: “Kassai will complement and strengthen the longstanding work of Gemcorp Angola, which has already made a significant contribution to the country’s social and economic development. In Walter Pacheco we have a CEO, who brings vast experience and local knowledge. We are confident that Kassai will become a key player in Angola’s asset management sector, driving the sustainable development of the national economy.”
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