Resources created and curated to support the growth of impact investing, for those new to the field and for experienced practitioners.
An Annual Showcase of Impact Investment Fund Managers
Okavango is an impact investment firm focused on companies that tackle environmental challenges, create jobs and improve livelihoods in Africa. The firm manages AWFs conservation bonds (9 impact debt investments in five African countries) and a number of club investments in Africa.
Okavango invests in companies that have positive impact in climate mitigation and adaptation, nature conservation and rural livelihoods. Its core areas of focus are both Land based (sustainable agriculture, forest products, forest/grassland carbon, ecotourism) and conservation services based (climate-tech: which includes agro-technology, water-tech, conservation-tech; and other supporting services).
Okavango works with fast-growing companies that are in positions of power with respect to how economic development affects nature with strong linkages to nature-related sectors (e.g. climate technologies and food security) that operate in and around the most important ecosystems. Okavango helps these companies implement conservation strategies that benefit the health of the ecosystems and ecosystem services. Unsustainable human behavior degrades nature and through conservation strategies, companies can shape consumers/human behavior through market mechanisms to be more sustainable. By partnering with these firms, Okavango can help develop theirthinking about conservation and as they grow and hit scale they do so in a way that has an optimal effect on nature.
Protected areas are the foundation of efforts to secure biodiversity, yet their effectiveness is undermined by funding shortfalls. Funding of PAs is so low that most African countries risk losing the majority of their remaining wildlife resources before they have a chance to benefit from them in economic terms. Funding available for management needs to increase up 6x if PAs are to effectively conserve species, provide ecological and economic benefits to communities. Example> A nature tourism business with operations in East Africa and annual revenues of over $25M. Despite significant turmoil in the macro-environment, it has generated a CAGR of more than 40% in the decade since its formation. The business was the first African safari company to be B-Corp registered. It engages at a number of levels within its operational landscapes – generating meaningful funds for conservation, creating local employment, engaging in the local community, and conservation projects.
Josep Oriol – Managing Partner More Info
Josep has extensive experience in investments, law and private equity spanning over 20 years in Africa, Europe, USA and Japan: first in conservation capital and subsequently at Kibo capital partners an SME private equity investor with $100M under management. Josep has acquired substantial experience in environmental conservation through investments in wildlife, tourism, forestry, carbon and his role on several board positions. He holds an MBA from Duke University, a degree in Law (LLB) from Universidad Internacional de Catalunya and a Bachelor of Arts in Political Science from Universidad Autonoma de Barcelona.
Davinder Sikand – Partner More Info
Davinder is one of Africa’s private equity pioneers with over 30 years’ experience in Africa, Europe and USA. He co-founded Aureos, a mid-market private equity firm where he served as Deputy CEO and Head of Sub-Saharan African Operations. He later initiated the sale of Aureos to Abraaj group, a US$14Bn emerging market asset manager where he headed African operations. Davinder has extensive experience in environmental conservation through several board positions. He holds an MBA from Kellogg.
Giles Davies – Partner More Info
Giles has over 20 years’ experience in private equity and impact investing in Africa, Europe and USA. He founded Conservation Capital (CC) and is widely recognized as one the of world’s leading specialists in conservation enterprise development and related investment financing. He started his career at Price Waterhouse Coopers. In addition to his work with CC, Giles has considerable experience as a non-executive director of both private and listed companies.
Percentage of Total Assets Under
Management that are Impact Investments:
Okavango selects companies that are linked to nature. These companies have the potential to disrupt the ecosystems and how they interact with the environment may affect their long term sustainability. Okavango helps companies create systematic plans for integrating conservation considerations into their business plan through strategies, creating products and services that harmonize interest for community, nature, and business.
Okavango has policies across several dimensions anchored on the IFC performance standards. There is a process in place for assessing compliance and a plan for action where Okavango works with companies to improve performance in areas with gaps.