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Sanne announce new client win with Kasada General Partner

News 4 February 2021

Sanne announce new client win with Kasada General Partner

Sanne, a leading global provider of alternative asset and corporate administration services are delighted to welcome Kasada General Partner (Kasada) as a new client. Kasada appointed Sanne in Mauritius to conduct the full suite of fund administration and accounting functions for all fund structures based out of Mauritius since November 2020.

Kasada is an independent investment platform within the Kasada Group, dedicated to hospitality in Sub-Saharan Africa. The firm was established in 2018 with the backing of Qatar Investment Authority, the Sovereign Wealth Fund of Qatar, and Accor SA, a world leading augmented hospitality group. Kasada’s strategy spans all segments from economy to luxury and targets both greenfield and brownfield projects. The Group’s hotels are operated under the banner of Accor’s wide range of internationally renowned brands. By investing in a region which offers robust growth opportunities, Kasada aims to deliver both attractive risk-adjusted returns to investors, and a long-term positive impact on local economies.

We are thrilled at the opportunity to deploy our long-standing expertise, technology and strong compliance standards in supporting the ambitious project of the Kasada Group over the Sub-Saharan region. The onboarding of Kasada bears testimony to the continued trust placed by large African private equity players in Sanne to drive them through the challenging web of complexities unique to investing in Africa. The onboarding of Kasada will further consolidate the leading position of Sanne across the African region. We look forward in bolstering our relationship with Kasada as we engage in this exciting partnership”

Rubina Toorawa
Head of Sanne Mauritius at Sanne

Sanne has immediately proved to be the right choice for our business through their hard work, professionalism and dedication in closing our recent West African acquisition. We look forward to a long-standing collaboration with a leading and reputable Mauritian administrator such as Sanne.”

Richard Lund
CFO at Kasada