EMVest Asset Management
Private | |
Industry | Private equity |
Founded | 2011 |
Headquarters | Pretoria, South Africa |
Number of locations
|
2 |
Key people
|
Susan Margaret Law Payne (Executive Chairman & Chief Executive Officer)[1] |
Website | emvest.com |
EMVest Asset Management is a private equity firm based in Pretoria, South Africa, with an additional office in London, United Kingdom.
Overview
EMVest Asset Management was founded in 2011.[1] It is a joint venture between Emergent Asset Management and Grainvest, a subsidiary of the RussellStone Group.[2] The firm invests in landholdings in South Africa, Mozambique, Swaziland, Zambia, Zimbabwe.[1]
In June 2011, the Oakland Institute revealed that Harvard University, Vanderbilt University, and other American colleges and universities had invested heavily in African landholding via this firm.[3] They were accused of "landgrabbing."[3] By 2013, Vanderbilt University, a university based in Nashville, Tennessee where students had led protests in the wake of the revelation, removed its US$26 million investment from EMVest.[4]
References
- ↑ 1.0 1.1 1.2 Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ 3.0 3.1 John Vidal, Claire Provost, US universities in Africa 'land grab', The Guardian, June 8, 2011
- ↑ Vanderbilt University Divests from "Land Grab" in Africa, Oakland Institute, February 13, 2013
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