Speaker

David Damiba

Managing Partner & Co-CEO
Kasada Capital Management

David is the Managing Partner and Co-Chief Executive Officer of Kasada Capital Management, the leading independent real estate private equity platform dedicated to the hospitality sector in Africa. We are committed to generating sustainable, positive impact in the African economies and communities we invest in, while also ensuring the delivery of attractive, risk-adjusted returns for our investors. Kasada was established in 2018 with the support of Qatar Investment Authority, the sovereign wealth fund of Qatar, and Accor, a global hospitality leader. In April 2019, Kasada closed its first fund, Kasada Hospitality Fund L.P. (“Kasada”), with equity commitments of more than US$ 500 million. Kasada is currently the most active investor in the hospitality industry in Sub-Saharan Africa with a current portfolio of 20 hotels representing over 3,500 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.