Centum Acquires Majority Stake in Genesis Kenya Investment Management

December 30, 2013

On December 21, 2013, Centum, a Nairobi-based investment manager, announced that it had acquired a 73.35% equity stake in Genesis Kenya Investment Management Limited.

On December 21, 2013, Centum, a Nairobi-based investment manager, announced that it had acquired a 73.35% equity stake in Genesis Kenya Investment Management Limited.  Genesis, operating in Kenya and Uganda, provides investment management services to institutional investors with approximately Kes. 110 billion in assets under management.  The terms of the transaction were not disclosed. 

To read the press release, please click here.


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Investment Manager M&A, Transactions