Private Equity (PE) funds emerged at the start of the 2010s as a key source of capital for businesses, muscling in on an area previously dominated by debt and capital markets. However, the activity has slowed down in the last few years as many struggle to deliver the high returns they promised their fund contributors.
The Business Daily talked to Chris Maranga, the newly appointed Acumen East Africa regional director for insights on the issues behind the shift in the industry.
