Adenia Partners (Adenia), a private equity firm focused on growth opportunities in Africa, has extended its presence in North Africa by establishing on-the-ground representation for the firm in Egypt, its eighth location on the continent.
According to a press statement, the firm has hired Cairo-based Heba Hakky as Principal to lead its origination efforts as it seeks to “capitalise on the growing investment opportunities in Egypt and surrounding countries”.
The expansion follows the closing of Adenia’s most recent oversubscribed flagship fund, Adenia Capital V, in April, which is the firm’s first completely pan-African vehicle.
The new location is the firm’s second in North Africa, following the opening of its Morocco office in 2021.
Hakky brings over 16 years of experience in investing and management roles across private equity, corporate investments and financial services, including roles at Actis, Ezdehar Management and Shari Holding. Most recently, she served for three years as the Egypt Managing Director of a tech-enabled lender focused on small and medium-sized enterprises in Egypt and Jordan, where she was also a key member of the senior leadership team. Hakky holds an MBA from London Business School.
