Helios Investment is said to plan $1.25bn pan-Africa fund

Helios Investment Partners, the Africa-focused private equity firm, plans to raise a fund of about $1.25 billion to invest across the continent, according to people with knowledge of the matter.

The London-based company, led by Tope Lawani and Babatunde Soyoye, is in talks with asset managers and development agencies about what would be its largest private equity fund for African investments, the people said, asking not to be named because the discussions are private. Read more