Africa

Enko Capital, an African alternative asset manager with USD1.4 billion in Assets Under Management (AUM), has announced that one of South Africa’s largest asset managers, the Public Investment Corporation (PIC), which manages just over ZAR3.5 trillion (USD 204 billion) in AUM, has invested USD30 million into Enko’s private credit fund. The fund is targeting a final close of USD150 million in H2 2026, with a hard cap of USD200 million.