Helios Investment Partners Backs ARM Pension Managers (Sub-Saharan Africa)
Source: Helios Investment Partners
Pan-African private equity firm Helios Investment Partners has agreed to acquire a minority stake in Nigeria-based pension fund manager ARM Pension Managers, a subsidiary of asset manager Asset & Resource Management Company (ARM). ARM Pension Managers has more than US$2.2 billion of pension assets under management and intends to use the investment to consolidate its market position. Financial details of the transaction were not disclosed.