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TheStreet Open House

The Pembani Remgro Infrastructure Fund, The Carlyle Group And Standard Chartered Private Equity Invest $210m In Export Trading Group, A Global Agricultural Supply Chain Manager

Stocks in this article: CG

About Standard Chartered

Standard Chartered is a leading international banking group. It has operated for over 150 years in some of the world's most dynamic markets and earns around 90 per cent of its income and profits in Asia, Africa and the Middle East. This geographic focus and commitment to developing deep relationships with clients and customers has driven the Bank’s growth in recent years. Standard Chartered PLC is listed on the London and Hong Kong stock exchanges as well as the Bombay and National Stock Exchanges in India.

In Africa the Bank has a history of 150 years, a presence in 16 countries, a network of over 180 branches and more than 7,000 staff. Standard Chartered is well-positioned to facilitate and support economically enhancing trade and investment corridors intra-Africa, and between Africa and the rest of the world.

About Standard Chartered Private Equity

Since 2008, Standard Chartered’s Africa Private Equity team has invested nearly US$600 million into entrepreneurial African companies across multiple sectors. The team is committed to supporting strong management teams who demonstrate positive growth potential within their area of expertise. The Africa Private Equity team, with offices in Johannesburg and Lagos, complements the Bank’s international private equity capabilities in Asia and the Middle East.



Copyright Business Wire 2010
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