How one woman moved a pension system from 0.58% to a 5% mandate – and became an investor in our fund.
Here’s a trade almost nobody was watching, and it’s the best one I’ve seen on the continent all year. Ghana just told its pension and insurance funds that they must put at least 5% of assets under management into venture capital and private equity by 2026. Not “may.” Must. And here’s the kicker that tells you how big the gap was: right now those funds have all of 0.58% in alternatives – even though the rules have let them go as high as 25% for years. Read that again. The door was unlocked the whole time. Nobody would walk through it.
So what changed? Somebody sat in the room until they did.
Read the full article here – https://www.linkedin.com/pulse/ghana-gets-lydia-idem-zglqc/
