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Investec adds private equity exec to head Africa team

South African fund manager closed its second Africa fund in February, raising almost $300 million

Investec adds private equity exec to head Africa team

Investec, the UK-South African bank and fund manager, has added a former Standard Chartered banker to its ranks in a new role heading up its African private equity business.

Peter Baird, a former McKinsey partner who was with Standard Chartered for five years and led its $900 million African private equity business until he left last November, joined Investec earlier this month.

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