The Capital Alliance Property Investment Company, L.P. (“CAPIC”) was established in February 2008 to invest in real estate and real estate related opportunities in West Africa with a primary focus on Nigeria. The fund is targeting up $200 million in commitments and has closed on $73 million to date. OPIC has also approved a $50 million facility that will be part of the fund. The fund has a 10 year life and will invest in residential, retail, office and hospitality products throughout the region using equity and mezzanine instruments.

The fund has partnered with world-class companies including WSP Global and Protea Hotels to successful execute its investment strategy.