Private & Nongovernment Partners

The Global Fund / Vincent Becker

Duet Group

The Duet Africa Private Equity Fund promotes social change

Current pledge (2017-2019)
US$2.6 million
Partner since

Duet Private Equity has partnered with the Global Fund to contribute to the global effort of ending AIDS, tuberculosis and malaria as epidemics.

As part of its Duet Cares social responsibility program, and following technical advice from the Bill & Melinda Gates Foundation, the Duet Group commits 5 percent of management fees and 5 percent of performance fees of its Duet Africa Private Equity Fund to promote social change in countries where it invests. The Africa Private Equity Fund will invest US$300 million in East Africa, West Africa and Francophone Africa.

The Duet Group strives to unlock the potential of emerging countries’ economies by investing in high-value sectors such as food and beverage, retail, financial services, health care and pharmaceuticals.

The Duet Group is a leading global asset manager headquartered in London with over US$5.1 billion under management in Africa, Asia, and the Middle East and North Africa region.

"We are delighted to join the Bill & Melinda Gates Foundation and other donors in allocating funds to initiatives that create a strong and measurable impact in the countries where we operate. Whilst our Private Equity efforts create jobs and spur commerce, we also have a social responsibility to recycle the capital generated to create real impact."
Henry Gabay, CEO of Duet Group and CIO of Duet Africa Private Equity

Pledge and contribution data updated on: 10 August 2019