Kenyan pension funds back Kuramo's Sh64.5bn fundraising

Shaka Kariuki

Kuramo Capital Management Co-CEO Shaka Kariuki in Nairobi on November 23, 2024.

Photo credit: File | Nation Media Group

Local pension funds have participated in Kuramo Capital Management’s latest Sh64.5 billion ($500 million) fundraiser, underlining the private equity firm's diversification of sources of capital away from the US market.

Kuramo told Business Daily that Kenyan pension funds invested in the latest fundraising though it declined to say how much was raised from the domestic market.

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