Managing Partner & Chief Investment Officer
Kasada Capital Management
David is Managing Partner and Chief Investment Officer of Kasada Capital Management. Kasada is an independent real estate private equity platform dedicated to hospitality in Sub-Saharan Africa, advised by Kasada Capital Management part of the Kasada group. The firm was launched with the support of the Qatar Investment Authority, the sovereign wealth fund of the State of Qatar, and Accor, a leading global hospitality group. In April 2019, the Kasada group closed on its maiden fund, Kasada Hospitality Fund L.P (registered in Mauritius), with equity commitments of over USD500 million. Kasada is currently the most active investor in the hospitality industry in Sub-Saharan Africa with a current portfolio of 18 hotels representing over 3,000 keys since its first acquisition in January 2021. Before joining Kasada in 2018, David was a Partner at Helios Investment Partners, where he co-founded and co-led the firm’s activities in African mezzanine and structured credit. In that capacity, David originated, led, structured, and executed a variety of transactions targeting equity-like returns with significant structural downside protection and an emphasis on yield and self-liquidation. Prior to joining Helios in 2012, David was a Managing Director and founder of Africa Funds at Renaissance Asset Managers (UK). David’s area of focus at Renaissance was on providing structured solutions across the capital structure to a wide range of entities. He has more than 25 years of finance experience with an extensive African fund management, portfolio construction and risk management track record covering all asset classes across more than 20 African countries. David has a BA in Economics from New York University (NYU) and an MBA from INSEAD. David is Burkinabé and British and speaks English and French.