Idris Mohammed, a partner at Development Partners International, has joined The Carlyle Group as a Managing Director on the global alternatives asset manager’s sub-saharan Africa fund team. His position is effective immediately.
In a private equity career lasting more than fifteen years, Mohammed has worked for leading firms in the industry in both the USA and Africa. Starting off as a member of Goldman Sachs’ special situations team in New York, he helped build out a clean energy investing business. He joined Development Partners International for its launch in 2007, initially in London, before moving to Lagos to establish the private equity firm’s office in Nigeria. Whilst at DPI, he has been involved in raising the firm’s two funds, the $270 million African Development Partners I and the $725 million African Development Partners II, as well as leading several acquisitions across the continent.
“We are delighted to welcome Idris to the Carlyle family,” said Eric Kump, Carlyle Managing Director and Head of Carlyle’s Sub-Saharan Africa Fund. “He is a well-respected and highly-experienced investor in Africa, who will help us further deploy capital across the continent. We continue to be excited about the prospects for this region and believe Idris will bring further depth and breadth to the team.”
Mohammed will continue to be based in Lagos and focus on investment opportunities in West and North Africa.