This investment was made when British International Investment was named CDC Group.
Cap Phoenix Cornerstone is a special purpose vehicle (SPV) set up for the investment and development of the Cornerstone Head Office project in Oniru, Lagos State.
Key facts
- Status:
- Active
- Region
Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.
- Africa, West Africa
- Countries:
- Nigeria
- Sector
We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.
- Construction and real estate
- Investment type
We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).
- Intermediated investment
- Fund:
- Capital Alliance Property Investment Company LP
- Fund Manager:
- African Capital Alliance
- Start date
For direct investments, this is the date British International Investment committed capital to the business or project.
For funds, this is the date that British International Investment committed capital to the fund.
For underlying fund investments, this is the date that the fund invested capital into the business.e
- May 2015
- Domicile
This is the investee company’s place of incorporation; or a fund’s jurisdiction.
- Nigeria