WaterEquity appoints head of private equity and infrastructure investments
WaterEquity announced the appointment of Aleem Remtula as its head of private equity and infrastructure.
** For the best experience, download the free Africa Private Equity News app Android | iOS **
WaterEquity, an impact-driven asset manager dedicated to helping solve the global water and sanitation crisis, announced the appointment of Aleem Remtula as its head of private equity and infrastructure. In this role, he will focus on advancing investments in water access, sanitation, and climate resilience across emerging markets.
Remtula brings over two decades of experience in emerging and frontier market investment management. Prior to joining WaterEquity, Remtula served as a partner and co-head of private equity at Developing World Markets, where he led growth equity investments in financial institutions across the globe. His career also includes roles at impact investment firms such as the New York City Investment Fund, Bridges Fund Management, and Living Cities. Beginning his career at JPMorgan, he worked in corporate finance covering industrial and transportation sectors.
Commenting on his appointment, Remtula said: "WaterEquity's focused approach to helping solve the water and sanitation crisis is truly inspiring. I am excited to join this exceptional team and contribute to advancing investment solutions that improve access to essential services and build resilience for underserved communities globally."
This appointment comes at a pivotal moment of growth for WaterEquity. Following the raise of more than $100 million for its Water & Climate Resilience Fund in 2024, the firm is positioned to identify and invest in infrastructure projects and growth companies driving scalable solutions in climate-resilient water and sanitation systems.
Marlene Hormes, managing director and chief investment officer of WaterEquity, commented: "Aleem's leadership and expertise in emerging markets will be integral as we scale our investment strategies to address critical challenges in water and sanitation. His depth of experience in private equity and impact investing aligns strongly with our mission to deploy capital in ways that drive meaningful and measurable impact for low-income populations."
Stay ahead in Africa's private equity and venture capital sector with Africa Private Equity News’ monthly Dealmaker’s Log – a database of reported investment deals, exits, and fundraising closes. Subscribe here