Q&A: Experienced Investment Banking & Private Equity professional in Nigeria
About
I am an Investment Associate at Kuramo Capital Management. Kuramo Capital is a multi asset class investment manager with c.US$500m in AUM. Kuramo Capital has investments in over 100 companies across Africa in sectors such as FMCG, Telecoms, Power and Financial Services - with offices in New York (Head office), Lagos and Nairobi.
I have over 7 years investment banking experience involving portfolio management, strategic financial advisory and corporate finance - including Private Equity, Mergers & Acquisitions (advised on over US$450m of completed M&A transactions across Sub Saharan Africa) and Structured Finance. My professional experience cuts across renowned financial institutions including Standard Chartered Bank and Guaranty Trust Bank.
I was called to the Nigerian Bar as a Solicitor & Barrister of the Federal Republic of Nigeria in 2011, I have an MBA (with Distinction) from the University of Dundee, Scotland and LLB Law degree from the university of Hull, England. I have also passed the CFA Level 1 exams.
Ask me anything!
Quite tough but not impossible. From my observation most PE shops don’t have the man power or the will to train raw entry analysts the way IBs will train them. But PE shops are attracted to experienced juniors that can hold their own on a deck and valuation model with minimal support.
Not impossible to be an entry level hire straight out of undergrad if you can demonstrate the skills I mentioned above. This is usually through internships at BB IBs or Boutique advisory shops or if you are lucky a solid PE shop with enough deal flow to improve your learning reps.
In sophomore year, I’ll say try your hands at an internship at one of the type of shops mentioned above. If all else fails, crack on with financial modeling courses, corporate finance courses and of course the time consuming CFA level I.
All the best!