Development Partners International (DPI), one of Africa’s leading investment institutions with $2.8 billion in assets under management and co-investments, has selected DealCloud to support its investor relations and fundraising efforts. The London-based firm will leverage the DealCloud platform to enhance its investor coverage, fundraising, and reporting. DealCloud will also provide DPI with access to its integrated third-party data management solution, DataCortex, as well as its Microsoft Outlook add-in.
“We’re pleased to partner with DealCloud as we look to enhance our investor relations and fundraising efforts,” said Bassirou Niang, Senior Vice President at DPI. “Digitisation is an important focus area for DPI, and DealCloud’s technology platform provides a solution that will enable us to better manage and execute the core IR functions that are critical to our business.”
DPI has a long-term approach to investing — which includes delivery of excellent operational and other value-add work — and a successful track record of partnering with strong management teams across Africa. The firm invests in people and companies to deliver competitive commercial returns for investors, and ensures its work leaves a lasting and positive social, economic, and environmental impact on the communities in which it operates. DPI’s core values include partnership, excellence, integrity, responsibility, inclusiveness, and collegiality.
“We’re excited to partner with Development Partners International,” said Mike Santos, Vice President of EMEA Client Development at DealCloud. “We believe in the mission of the firm and look forward to onboarding DPI’s investor relations team to help them with investor coverage, fundraising, reporting, and more.”
DealCloud, an Intapp company, provides a single-source deal, relationship, and firm management platform that enables firms to power their dealmaking processes from strategy to origination to execution. We offer fully configurable solutions purpose-built for the complex relationships and structures of private equity and growth capital firms, investment banks, private and publicly traded companies, debt capital providers, and other investors. For more information, visit dealcloud.com.
About Development Partners International
Development Partners International (DPI) is among Africa’s leading investment institutions, and has successfully advised funds through up and down cycles. The London-based firm currently has $2.8 billion in assets under management across its funds and committed co-investments. The ADP funds’ strategy is to build a diversified pan-African portfolio of private equity investments in established and growing companies benefiting from the continent’s fast-growing middle class, innovation, and digital transformation.
Since DPI’s founding in 2007, its funds have invested in 23 portfolio companies across 29 African countries and 17 industries. ADP portfolio companies employ more than 49,000 people and, during DPI’s investment, an estimated 18,000 jobs have been created by those portfolio companies. In 2020, ADP III became the first 2X Flagship Fund as part of the global 2X Challenge, committing to integrate a gender lens into its investment process and reflecting DPI’s long-standing commitment to gender equity. In addition to having a female co-founder and CEO, one-third of DPI’s partners are women, and 50% of the firm’s workforce consists of women. As a signatory to the U.N. Principles for Responsible Investment (PRI) and the Operating Principles for Impact Management, DPI promotes high environmental, social, and governance (ESG) and impact standards, and seeks to contribute to the U.N. Sustainable Development Goals. For more information, visit dpi-llp.com.