INVESTMENT COMMITTEE

 PAUL BOYNTON

PAUL BOYNTON

Investment Committee
B.Sc (Hons), CA(SA), MBA, FCMA

Paul has been CEO of Old Mutual Alternative Investments (OMAI) since 2004, and has been involved with the business since its inception. During this time it has grown into the largest private alternative investment manager in Africa with over USD4 billion in assets under management. He has a total of nearly 30 years’ experience in investments and capital markets.

He has been with the Old Mutual Group since 1995 and currently chairs the Alternative Assets Investment Committee. He serves on the boards of African Infrastructure Investment Managers (AIIM), African Clean Energy Development, the Southern African Venture Capital and Private Equity Association, Tourvest, J&J, Phembani and Lesedi and Letsatsi. He also served on the boards of Old Mutual Investment Group, Assore, CIT, Life Healthcare, Metcash, Mezzanine Partners and Pepkor.

Paul served his articles with Deloitte in Johannesburg where he qualified as a chartered accountant. He then spent 7 years as an investment banker with Investec before moving to Cape Town to join Old Mutual. He was the portfolio manager of the Old Mutual Life Funds for 5 years and spent a further 3 years as Head of Investment Views for Old Mutual Asset Managers before being appointed Head of Alternative Investments in 2004.

JURIE SWART

JURIE SWART

Investment Committee
B.Sc Eng (Civil), B.Com, CA(SA)

Jurie has been involved with AIIM since its inception in 2000. He has served as a Director on the AIIM Board since 2009 and was appointed CEO in 2014. Jurie is also a member of the AIIM Investment Committees, namely AIIF2, AIIF3 and the IDEAS Fund.

In his capacity as CEO of AIIM, which houses the infrastructure capability of Old Mutual Alternative Investments (“OMAI”), Jurie is an Exco member of OMAI.

He has held directorships in various portfolio companies, amongst others, TRAC as Chairman, N3TC, Bakwena, Lekki, Matola Gas Company, G10 (which holds an ACSA shareholding), Bloemfontein Private Prison and various Renewable Energy project companies. He is also a Director of the African Private Equity and Venture Capital Association.

Jurie joined Old Mutual Investment Group as an equity analyst in 1999 before joining the infrastructure team, and in 2000 held the position of Portfolio Manager of the IDEAS Fund, thereafter he was appointed Head of Infrastructure and Development Assets in 2007.

ALASSANE BA

ALASSANE BA

Investment Committee
M.Sc Economics; M.Sc Management of Banks

Alassane joined as member of the AIIF3 Investment Committee in 2018 and is responsible for reviewing and approving investment proposals, investment performance and exits.

Prior to joining AIIM in a non-executive role, Alassane was the CEO for Shelter Afrique based in Nairobi for five years between 2009-2014 where he led teams on investment strategy, deal sourcing, screening, negotiating, structuring and exits. Between 2015-2016, Alassane was the acting CEO of Africa50 Infrastructure Fund and under his leadership the Fund reached financial close of USD830m with a strong pipeline of projects and strategic partnerships. More recently he was the advisor to the Vice President of the African Development Bank within the private sector.

Alassane has experience as a non-executive board member having served on the board of Afreximbank between 2002 and 2005, as well as private equity funds such as Harith General Partners between 2007-2009. Alassane also sat on the Investment Committee of Emerging Capital Partners between 2006-2009.

ZOM CHIZURA

ZOM CHIZURA

Investment Committee
B.Sc.Eng (Hons), M.Eng. MBA, CFA

Zom is a member of the AIIF2 and AIIF2 Investment Committees. Zom joined Old Mutual Alternative Investments as the Head of the Impact Investing in 2018.  His team manages the largest portfolio of Impact Investing assets in the SA market which is invested in affordable housing, student accommodation, schools, retirement accommodation and small to medium scale enterprises financing.

Before his current role, he spent three years in Lagos, where he successfully led the early stage growth and roll out of the Old Mutual businesses in Ghana and Nigeria. In this role, he managed and grew the strategic banc assurance partnership with Ecobank Transnational Incorporated in 13 African countries.  Prior to this, he was the Deputy Chief Executive of Old Mutual Zimbabwe responsible for the life assurance, asset management and property management businesses.  During this time, his team delivered leading investment performance on a balanced pension funds portfolio diversely invested in Listed Equities, Bonds, Money Market, Property and Private Equity.  His achievements also include a key role in the relaunch of Takura Capital Partners, the leading private equity fund in Zimbabwe.  Before joining Old Mutual, Zom worked for PricewaterhouseCoopers as a management consultant and before that, he worked as a telecommunications engineer.

Zom is a Chartered Engineer, has an MBA degree and is a Chartered Financial Analyst.

 MIKE EDINGTON

MIKE EDINGTON

Investment Committee
B.Sc (Hons), M.Sc

Mike is a member of the AIIF2 and AIIF3 Investment Committees. Mike joined AIIM in 2012 as the Senior Director of Asset Management before taking up a non-executive role in 2015. He represents the AIIM-managed funds on the Boards of several infrastructure companies and is a Director on N3 Toll Concession, Bakwena Platinum Corridor Concessionaire and Kinangop Wind Park.

He originally trained as a civil engineer, specialising in transportation planning and after 14 years’ experience in the engineering industry, Mike joined the Development Bank of Southern Africa (“DBSA”). As head of the international department, Mike appraised investments in several Southern African countries and worked with other multinational funding agencies. He was responsible for DBSA’s first project finance investment into Trans African Concessions for the Maputo Toll Road.

On leaving DBSA, Mike joined Nedbank in their infrastructure project finance unit during which time he was their bid manager for the N3 Toll Concession and the lead arranger for the debt on the Bakwena Platinum Corridor Concessionaire project.

Prior to joining AIIM, Mike was head of the Aveng Grinaker- LTA (one of South Africa’s largest construction companies) concessions unit. The unit prepared bids for a number of concessions including the Port Louis (Mauritius) and N1/N2 Winelands (South Africa) toll roads. Mike represented Aveng on the board of N3 Toll Concession for five years.

 TOM PLAISTOWE

TOM PLAISTOWE

Investment Committee
B.Sc (Civil Eng), MBA

Tom is a member of the AIIF2 and AIIF3 Investment Committees.

Tom retired in August 2018 and prior to this he was a Senior Executive in Old Mutual Group’s infrastructure asset management capability, involved in forming the capability’s strategy, investment decision making and the management of assets

Tom was, formerly, a Director and Chairman of AIIM, a Director of Bakwena and as well as N3TC. He has also been a Director of a number of companies owned by the portfolios managed by AIIM across a wide range of asset types.

Tom has six years’ experience as a consulting civil and structural engineer and 33 years’ investment experience with the Old Mutual Group – including 29 years of investment experience in Sub-Saharan African countries.