Public equities
Manager selection for a family office allocation to a Nigerian equity fund.
ApproachThe full field of Nigerian equity fund managers in scope, not a shortlist.
Family office, investment and structuring
Magrams Capital
A family office investing long-term capital across Africa, and a structuring adviser to the sponsors and institutions who need capital put to work with discipline.
Victoria Island, Lagos. Photo: Seun Idowu, Unsplash
Patient capital, structured with precision
Magrams Capital is a family office and private investment firm specialising in strategic investments across Africa.
The firm focuses on long-term capital preservation, disciplined capital allocation and sustainable value creation through a diversified strategy spanning venture debt, venture capital and private equity, with a multi-generational investment horizon.
Our own capital
We invest the family’s capital directly and alongside co-investors, across three strategies and with no fixed fund life.
Capital for others
We advise sponsors, companies and institutions on project finance, capital raising and risk allocation, and take structures through to close.
Investment philosophy
Four principles guide every decision we make with the family’s capital.
Capital preservation
Protecting capital comes first. We take risk only where we understand it and are paid for it.
Disciplined capital allocation
Each commitment is sized against the whole portfolio and spread across strategies, stages and sectors, so no single outcome defines it.
Sustainable value creation
We back businesses that grow on sound economics and good governance, building value that lasts beyond any single cycle.
Multi-generational horizon
As a family office we are not bound by a fund life, so we can hold for the long term and stay with good businesses as they grow.
Investment strategies
A diversified portfolio across three strategies, from debt for venture-backed companies to equity in established businesses.
- Debt
Venture debt
Growth financing for venture-backed companies that want to extend their runway without giving up further equity, structured alongside their equity investors.
- Early and growth-stage equity
Venture capital
Equity in founder-led companies building technology and services for African markets, from early stage through growth.
- Established businesses
Private equity
Significant stakes in established, cash-generating businesses, working with owners and management to build long-term value.
Structuring and advisory
For sponsors and institutions that need capital raised, structured or protected.
Project finance
Structuring and arranging capital for energy and infrastructure projects, from the first financial model to financial close.
Capital advisory
Advice to companies and institutional counterparties raising or deploying strategic capital, including the choice between debt, equity and hybrid instruments.
Transaction structuring
Success-fee supply, facilitation and investment agreements built to protect our principal’s commercial position.
Focus sectors
Where we invest and structure.
- Energy
- Gas commercialisation, gas-to-power and energy services
- Infrastructure
- Power, digital and transport
- Growth sectors
- Technology, agribusiness and resource processing
- Public markets
- Allocations to Nigerian equity funds
Why Africa
Four indicators behind our long-term view of the continent. Figures are the latest published estimates as of November 2026. Read the briefing.
| Indicator | What it measures | Source |
|---|---|---|
| 4.5% | Projected 2026 GDP growth in sub-Saharan Africa, against 3.1% for the world economy. | IMF, Regional Economic Outlook and World Economic Outlook, October 2026 |
| 1.3bn | People in the African Continental Free Trade Area: one market of 55 countries with a combined GDP of about US$3.4 trillion. | AfCFTA Secretariat |
| 60% | Share of Africans under 25. At a median age of about 19, Africa has the youngest population of any continent. | UN World Population Prospects 2024, via Pew Research Center |
| 1.4bn | Urban residents expected by 2050, double today’s 700 million, with 159 cities of over one million people by then. | OECD/SWAC, Africa’s Urbanisation Dynamics 2025 |
How we invest
Patient capital, applied with the same discipline at every stage.
SourceOrigination
We look for founders, companies and co-investors across Africa, drawing on deep market intelligence and the Magrams network.
AllocateDiligence and sizing
Each opportunity is diligenced on its own merits and sized against the whole portfolio, so capital goes where risk and return are best balanced.
StewardLong-term partnership
We stay close to the businesses we back, with the operating and advisory support of Magrams Industries where it helps, and hold for the long term.
Track record
Selected mandates, described with client identities withheld.
Magrams Capital
- Direct and co-investment: venture debt, venture capital, private equity
- Fund and manager selection
- Project finance and capital structuring
- Counterparty and transaction due diligence
Client identities are withheld. Details are shared only under confidentiality.
Discuss an opportunity
Founders, co-investors, fund managers and project sponsors: tell us what you are raising, structuring or building.