AVCA appoints new members to the Legal & Regulatory Committee

15 Nov 2021

November 15, 2021 – London, UK: The African Private Equity and Venture Capital Association (AVCA) is delighted to announce new appointments to its Legal and Regulatory (L&R) Committee. 

The new Committee members are Olawunmi Abiodun, Vice President and General Counsel at Verod Capital Management; Chris Baird, Partner at DLA Piper; Frances Holliday, General Counsel at LeapFrog Investments; Fazil Hossenkhan, Managing Partner, Mauritius at Bowmans; Chuks Ibechuckwu, Senior Counsel at IFC; and Jennifer Mbaluto, Partner at Clifford Chance, London. 

AVCA’s Legal and Regulatory Committee was founded in 2012 and since its launch, it has been able to support AVCA members in overcoming the often complex legal and regulatory landscapes of different African countries, in order to enhance private investment in Africa. 

The core focus of the Legal and Regulatory Committee is to advise on legal and regulatory matters that may affect the interests of AVCA members and the broader African private equity and venture capital industry. 

At present, the committee has been able to facilitate several legal training courses for private equity professionals and through its development of AVCA-branded legal templates, it has been able to harmonise private equity legal documentation throughout the continent. 

The Committee is responsible for delivering two key resources – the AVCA Legal & Regulatory Bulletin and the Legal & Regulatory Country Guides. Since its launch, the Bulletin has proven to be a key resource in supporting AVCA members’ investment decision-making, as it sheds light on pertinent legal, regulatory, and compliance issues across different regions in Africa. 

Likewise, the Country Guides provide detailed guidance on the legal and regulatory landscape across jurisdictions in Africa, to ensure that fund managers and investors can make informed decisions about where and how to structure their operations.  

Commenting on the appointments, Geoffrey Burgess, Chair of the AVCA Legal and Regulatory Committee, said: ‘’We are very excited to welcome our new committee members. Together, these legal professionals bring decades of expertise from across Africa and all over the world. I believe their level of experience and knowledge of private equity and venture capital in Africa will be beneficial in the Committee’s services to the AVCA board. AVCA is pleased that the committee continues to represent a range of GPs, LPs and service providers from the different locations serving the African private equity community. 

For more information about AVCA’s Legal and Regulatory Committee, please visit www.avca-africa.org.

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About AVCA

The African Private Equity and Venture Capital Association is the pan-African industry body that promotes and enables private investment in Africa.

AVCA plays a significant role as a champion and effective change agent for the industry, educating, equipping and connecting members and stakeholders with independent industry research, best practice training programmes, and exceptional networking opportunities.

With a global and growing member base, AVCA members span private equity and venture capital firms, institutional investors, foundations and endowments, pension funds, international development finance institutions, professional service firms, academia, and other associations.

This diverse membership is united by a common purpose: to be part of the Africa growth story.

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