Emerging Capital exits Continental Reinsurance

By Luisa Beltran — 2 years ago

Emerging Capital Partners, along with its investment partners, has sold C-Re Holding Ltd. to Saham Finances S.A, the insurance arm of Saham Group. Financial terms weren’t announced. C-Re owns 53.6 percent of Continental Reinsurance, a private reinsurance company in Africa, excluding South Africa.

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Emerging Capital exits NSIA

By Luisa Beltran — 2 years ago

Emerging Capital Partners said Wednesday that it sold its stake in la Nouvelle Societé Interafricaine d’Assurance Participations SA (NSIA) to the National Bank of Canada and Amethis Africa Finance. Financial terms weren’t announced. The NSIA is an insurance group in French-speaking West and Central Africa and a banking institution in Côte d’Ivoire.

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CalSTRS commits $200 mln from emerging manager portfolio

By Chris Witkowsky — 3 years ago

The California State Teachers’ Retirement System has committed $200 million from its Private Equity Proactive Portfolio, which focuses on small, niche emerging managers. CalSTRS made a $100 million pledge to Chicago-based Muller & Monroe Asset Management, which is targeting $400 million for its M2 Private Equity Fund of Funds II. CalSTRS also committed $100 million to BAML Capital Access Funds Management. The commitments expand the system’s emerging manager program to $1.9 billion.

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