African Capital Alliance was formed in 1997 by six founding partners – Dick Kramer, Okey Enelamah, Tom Barry, Chief Ernest Shonekan, and Pascal Dozie. Subsequently, Afolabi Oladele and Paul Kokoricha were admitted to the Partnership.

ACA has managed two general private equity funds and one venture capital fund, and is rolling out a “Family of Fund” model including specialized funds targeting real estate and energy/oil & gas.