FrontEnd Ventures reposted this
Last week, FrontEnd Ventures made significant strides in local capital mobilization by hosting the inaugural Pension Fund Conference, generously sponsored by FSD Africa We were honored to welcome 20+ local pension funds and fund managers, collectively representing over Ksh 500bn in Assets Under Management. Over two days, we engaged with key stakeholders, fostering insightful discussions between Limited Partners, fund advisors, and innovative founders. Our goal was to bridge the gap between traditional finance and venture capital, highlighting the transformative impact of technology-driven solutions on our communities and value chains. We're thrilled to announce that we're on the cusp of a new era, with Kenyan pension funds poised to make their first allocations to venture capital. With a staggering Ksh 1.7tn held in pension schemes (~$23bn), even a modest 1% allocation to VC could revolutionize our local ecosystem. Let's continue this momentum together. Connect with me to explore how we can shape the future of Kenyan venture capital. #VentureCapital #ImpactInvesting #Kenya #AfricanTech #LocalCapital #PensionFunds #Innovation Ken Njoroge RisCura Steven Wamathai, CFA Keziah Kibata Isaac Awuondo Wyclife Omondi Peter Ndiang'ui Nyambogo Jennifer Lucy Kimeu