Blakeney Management
2nd Floor, 152 Buckingham Palace Road, London, SW1W 9TR, United Kingdom
Overview
Blakeney Management is one of the oldest and largest institutional investors in Africa and the Middle East. We are based in London and have been managing funds since 1995 for some of the largest institutions in the world. We invest in both listed and private companies. Blakeney has played a major role in the development of stock markets in Africa and the Middle East and holds significant stakes in many of the leading companies in both regions. Our Blakeney Information Memorandum should tell you a bit more about us. We don't have any salesmen but if you are an institution who has a serious interest in knowing more about us, please telephone our office in London and ask for one of the investment team or e-mail Annie McNab and ask her to put you in touch with one of us. You could even write her a letter if you prefer. We don't like to send out material to people we haven't met. (And good luck with your MBA thesis on Nigerian capital flows but please don't ask us to help you with it.)
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- Namshi
Participated · Equity · Oct 2012
Namshi is a Dubai-based online fashion retailer founded in 2012 that sells shoes and other apparel across six Middle East markets (UAE, Saudi Arabia, Qatar, Kuwait, Oman and Bahrain). The site carries roughly 550 brands, including Nike, Lacoste, Polo Ralph Lauren and Puma. Rocket Internet incubates the business and Namshi has pursued rapid market expansion in the region. The company says the new funding will be used to “sustain its accelerated growth target” and to improve fulfilment operations. Specifically, Namshi plans to move stock to a new centralized Namshi warehouse and distribution center, replacing the shared space it currently uses with Aramex. Rocket Internet would only confirm the most recent investment amount and described prior funding as a “high double-digit amount.” Namshi is a Dubai-based e-commerce start-up that offers designer clothing and footwear to customers in the Gulf region. Launched in late 2011 by managing director Muhammed Mekki and three partners, the site offers products from over 400 international brands. According to reports, Namshi has received an investment of over $20m. Backers include J.P. Morgan Asset Management and Blakeney Management. The company intends to use the capital to expand operations, mainly in Saudi Arabia. Namshi is currently hiring.
Team
No current team members are available.