8 Miles LLP

Profile

8 Miles LLP is a private equity firm based in London that focuses on investing in businesses across Africa. Founded by co-founders Nathan Mintah and Hemen Shah, the firm is staffed by a team of professionals with backgrounds in private equity and corporate finance, drawn from prestigious institutions like McKinsey, JP Morgan, and Morgan Stanley. The firm differentiates itself with a hands-on approach to value creation, actively managing and transforming the companies it invests in.

8 Miles targets investments in established African businesses with robust growth prospects. Their investments span several sectors such as Consumer Products, Food and Beverage, HealthTech, Financial Services, Agriculture, and Pharmaceuticals. The firm does not publicly state the specific size range of its investments, although it's implied they focus on substantial growth opportunities, typical of private equity firms engaging in larger, more mature companies. While their overall assets under management are not specified, they are known for their strategic partnerships with local entrepreneurs across Africa.

Notable investments by 8 Miles include businesses operating within Africa's consumer goods, agriculture, and healthcare sectors, though the specific names of portfolio companies were not detailed in the source. This strategic focus underscores their commitment to leverage local demand and growth potential in various African markets.