EMVest Asset Management

EMVest Asset Management
Private
Industry Private equity
Founded 2011
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, Swaziland, 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 October 28, 2015.
  2. ↑ Comstock, Courtney (June 30, 2011). "Meet The Millionaires And Billionaires Suddenly Buying Tons Of Land In Africa". Business Insider. Retrieved October 28, 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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