Adlevo Capital Managers

Adlevo Capital Managers is a Mauritius-based private equity fund manager focused on investments in technology-enabled companies across sub-Saharan Africa. The firm believes that meaningful development in the region will be driven by the application of technology to business processes across all sectors. Adlevo Capital seeks to invest in ambitious companies where it can add significant value through its collective experience, relationships, and value-driven approach. The firm maintains an active local presence through its base in Lagos, Nigeria, to develop market intelligence and understand the dynamics of the local market.

The firm's investment strategy emphasizes operating experience, deep networks, and an understanding of the nature and evolution of the technology spaces in which it invests. Adlevo Capital actively seeks to invest in companies at various stages of development, from seed to late stage, that derive their competitive advantage from the development and exploitation of technology or technology-driven processes. The firm has a particular interest in sectors such as clean technology, computer hardware, computer software, EdTech, and HealthTech.

Adlevo Capital's portfolio includes companies like Interswitch, Paga, and Rancard Solutions. The firm's managing partner, Yemi Lalude, has a background in technology venture capital and has held engineering, business development, and product management positions at Hewlett-Packard and Siebel Systems. He holds a BSc in Mechanical Engineering from the University of Lagos, an MS in Mechanical Engineering from Stanford University, and an MBA from Harvard Graduate School of Business.

Adlevo Capital is committed to generating positive social development outcomes through its investments, aiming to empower companies that can drive meaningful change in sub-Saharan Africa. The firm's approach combines financial acumen with a deep understanding of the local markets to support the growth and success of its portfolio companies.