Private Equity

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OBSIDIAN

OBSIDIAN is a Principal Investment firm that uses its own capital to conceive and build companies delivering sustained, long-term beneficial impact in Africa.

OBSIDIAN logo

OBSIDIAN

OBSIDIAN is a Principal Investment firm that uses its own capital to conceive and build companies delivering sustained, long-term beneficial impact in Africa. It designs locally specialised, globally competitive private-sector solutions to infrastructure challenges in middle Africa, working with partners to raise institutional funding for fully funded, long-term sustainable infrastructure. The firm is mainly focused on renewable and sustainable power infrastructure and also seeks to advance Africa's financial infrastructure.

General information

Firm type

Private Equity

Year founded

2014

Location

Region

Europe

Country

United Kingdom

City

New York

Corporate office

12 Hay Hill, Mayfair, London W1J 8NR, United Kingdom

Principals

Olusegun Okubanjo

Managing Partner

Louis Johnson

Partner

Miles Bennett

Associate Partner

Frequently asked questions

How does OBSIDIAN source its investment opportunities?

OBSIDIAN does not source opportunities in the traditional sense. The firm identifies areas where private sector leadership is required, conceives new business concepts to address those gaps, and then builds companies around these ideas. This internal origination model means the firm creates its own pipeline rather than competing for existing deal flow.

Does OBSIDIAN co-invest with external limited partners?

Yes. OBSIDIAN uses its own capital to establish and de-risk businesses, then brings in strategic partners and institutional investors who can provide additional patient growth capital to scale these companies. The firm explicitly describes this layered approach as part of its operating model.

Which geographies does OBSIDIAN invest in?

OBSIDIAN is focused exclusively on Africa. The firm's stated purpose is to transform African lives through company creation, and all identified investment activity and strategic communication point to a pan-African mandate.

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