EMVest Asset Management
From Wikipedia, the free encyclopedia
EMVest Asset Management is a private equity firm based in Pretoria, South Africa, with an additional office in London, United Kingdom.
 | |
| Company type | Private |
|---|---|
| Industry | Private equity |
| Founded | 2011 |
| Headquarters | , |
Number of locations | 2 |
Key people | Susan Margaret Law Payne (Executive Chairman & Chief Executive Officer)[1] |
| Website | emvest.com |
Overview
EMVest Asset Management was founded in 2011.[1] It is a joint venture between Emergent Asset Management and Grainvest, a subsidiary of the RussellStone Group.[2] The firm invests in landholdings in South Africa, Mozambique, Eswatini, Zambia, Zimbabwe.[1]
In June 2011, the Oakland Institute revealed that Harvard University, Vanderbilt University, and other American colleges and universities had invested heavily in African landholding via this firm.[3] They were accused of "landgrabbing."[3] By 2013, Vanderbilt University, a university based in Nashville, Tennessee where students had led protests in the wake of the revelation, removed its US$26 million investment from EMVest.[4]
