This week we continue our conversation with Gavin Vorwerg, Director at Laurium Capital. Laurium is a hedge fund dedicated to investments in Africa.

The Lead Left: What’s your return target?

Gavin Vorwerg: We have a target of 15% per annum over three years. Since inception in 2008 we’ve delivered 16%. That’s beating the benchmarks by 4-7%.

TLL: What kind of industries are you focused on?

GV: Africa has much to offer in the infrastructure sector, such as production of cement. Also, mining and energy. Other areas are telco, consumer, and financial services. There’s a big infrastructure gap in Nigeria with major needs in power and water distribution.