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Africa investor Ariya Capital hires Hargreaves Lansdown co-founder Africa investor Ariya Capital hires Hargreaves Lansdown co-founder

11 Dec 2009. Source: AltAssets
Africa-focused private equity firm Ariya Capital has appointed Stephen Lansdown, co-founder of Hargreaves Lansdown, the UK's biggest independent financial adviser.

According to a news report posted on the firm's website, Lansdown will act as a non-executive director and cornerstone investor.

Lansdown co-founded Hargreaves Lansdown in 1981 and is currently chairman of Bristol City football club.

Ariya, which has offices in London and Botswana, Africa, is looking to raise $150m to invest growth capital in the renewable energy, telecoms and microfinance sectors of sub-Saharan Africa.

Ariya was founded last year by Herta von Stiegel, the former managing director of AIG Financial Products.

Copyright © 2009 AltAssets

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