Silk Invest Limited and Cloud Atlas Investing Partnership.

"Silk Invest Limited and Cloud Atlas Investing are pleased to announce their partnership to build a cross equity holding and combined platform to strengthen their investment proposition.

Silk Invest Limited and Cloud Atlas Investing are pleased to announce their partnership to build a cross equity holding and combined platform to strengthen their investment proposition.

Silk Invest was founded in 2008 in London by a veteran team of investment professionals with proven expertise in investing in frontier and emerging markets. The team’s investment process was developed by seasoned institutional managers with local market expertise, representing and operating from offices in London, Egypt, Morocco, Kenya, Pakistan and Nigeria. Silk Invest is regulated by the UK FCA and the US SEC. The company has a strong focus on impact investing and has been a signatory to the UN Principles of Responsible Investing since 2011. The firm among others manages public markets equities, an African private equity fund and an African fixed income fund.

Cloud Atlas is a Johannesburg based Pan Africa ex-SA investment firm founded in 2015 and is dedicated to assisting investors navigate the ever-complex structure of African capital markets. The firm is regulated by the South African FSCA and is approved to participate in Collective Investment Schemes in the form of ETFs. It also holds a primary approval from Reverse Bank of South Africa to invest in other African market. Cloud Atlas currently has two JSE listed Africa equity ETFs: the AMI Big50 ex-SA and the AMI Real Estate ex-SA.

Zin Bekkali, Founder & CEO of Silk Invest, added "African markets are a core part of Silk Invest’s DNA and this partnership allows us to deepen our commitment to the continent and better leverage the strengths of each of the companies. 2020 has so far proven to be a challenging year for the world economy but our strong conviction is that both African and international investors should allocate more to Africa. Frontier and African capital markets are well positioned to outperform in the next few years building on attractive valuations and entry multiples.”