EMVest Asset Management

Last updated

EMVest Asset Management
Company typePrivate
IndustryPrivate equity
Founded2011
Headquarters
Pretoria
,
South Africa
Number of locations
2
Key people
 Susan Margaret Law Payne (Executive Chairman & Chief Executive Officer) [1]
Website emvest.com

EMVest Asset Management is a private equity firm based in Pretoria, South Africa, with an additional office in London, United Kingdom.

Overview

EMVest Asset Management was founded in 2011. [1] It is a joint venture between Emergent Asset Management and Grainvest, a subsidiary of the RussellStone Group. [2] The firm invests in landholdings in South Africa, Mozambique, Eswatini, Zambia, Zimbabwe. [1]

In June 2011, the Oakland Institute revealed that Harvard University, Vanderbilt University, and other American colleges and universities had invested heavily in African landholding via this firm. [3] They were accused of "landgrabbing." [3] By 2013, Vanderbilt University, a university based in Nashville, Tennessee where students had led protests in the wake of the revelation, removed its US$26 million investment from EMVest. [4]

References

  1. 1 2 3 "Company Overview of EmVest Asset Management Pty Limited". Bloomberg Business. Retrieved 28 October 2015.
  2. ↑ Comstock, Courtney (30 June 2011). "Meet The Millionaires And Billionaires Suddenly Buying Tons Of Land In Africa". Business Insider. Retrieved 28 October 2015.
  3. 1 2 John Vidal, Claire Provost, US universities in Africa 'land grab', The Guardian, June 8, 2011
  4. ↑ Vanderbilt University Divests from "Land Grab" in Africa, Oakland Institute, February 13, 2013


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