King & Wood Mallesons has been awarded Funds Legal Advisor of the year at the Private Equity Africa Awards 2016. The awards were presented at the 5th Annual Private Equity Awards Gala Dinner on Thursday 9 June, and celebrate the achievements in the industry, focusing solely on the best-in-class achievements of investors and advisors.
The firm was recognised for its expertise and depth in the African fundraising market and also its presence in the region, with dual qualified International Funds partner Cindy Valentine based in South Africa, to better serve the firm's African-focused clients.
In winning this award, King & Wood Mallesons demonstrated its strategic approach to negotiating with a range of investors that typically invest in African funds, and acted on a large number of African fund mandates, rivalling other top tier firms in the market. The firm was also nominated for “Single Fund Advisor of the Year” for its work advising Investec Asset Management on its fund, Investec Private Equity Africa Fund 2.
Gail Mwamba, the Awards Chair and Editor of Private Equity Africa, said, “As the dynamic private equity market in Africa continues to go from strength to strength, this year’s awards have distinguished the innovative investment and advisory work and some of the region’s most transformative deals over the last year. The results that the award winners have achieved in the last year truly demonstrate the immense opportunity in African private equity. Congratulations to King & Wood Mallesons and all the winners for this year and we look forward to gathering again next year.”
The final winners were chosen by an independent panel of highly respected industry participants with representation from Adams Street Partners, HarbourVest Partners, Kusuntu, CDC, Hamilton Lane, SAVCA, Sarona Asset Management, Aon Hewitt and AFIC Africa.