+221338207272
contact@brightmorecapital.com
Governance
Finances
Project-level
- Each project has an accountant/financial director
- Financial control policies, guidelines of expenses, and capital expenses
- Monthly summaries of cash transactions
- Quarterly full financial statements
- Outside independent audit of annual financial statements
- Transparent reporting to LPs
Fund-level
- Transparency in fee structure: consulting/oversight/board fees, management fees (if any), carried interest
- Transparency in fund-level expenses: legal fees, investment team travel, deal origination fees, etc.
- Formal policies for decision-making on investments: Investment Committee with charter, bylaws, etc.
- Quarterly financial statements
- Outside independent audit of annual financial statements
- Transparent reporting to LPs
Operations
Project-level
- Access and inventory control policies, procedures and checks
- Operational updates on the private LP site: tracking of construction milestones, etc.
- Journalistic reporting on projects being completed: public site & social media accounts
- Investor forum for direct dialogue between investors and business entrepreneurs
- Provision for investors to visit project sites
Fund-level
- Policies on the level of investment oversight: “hands-on” approach to investment management
- Transparent policies on travel expenses: balance between incentivizing the investment team to stay close to the ground and not abusing the travel budget
- Quarterly meetings with investors
OUR SERVICES
Mission
Generate market-leading investor returns while generating impact in promoting the economic and social development of francophone West Africa.
Value Creation
All of our projects are geared towards ultimately providing attractive financial returns and are timed for optimal “exits” within 4-6 years for business ventures.
Impact
Achieving a positive economic and social impact with our investments is just as strong of an anchor in our values and operating model.