Country: Africa

Sector: Financials

Investment Type: Minority

Investment Date: 2011

Status: Realized

Exit Date: 2016

Fund: TRG Africa Fund

Zenith, established in 1990 by Jim Ovia, is a major bank in Nigeria that was listed on the Nigerian Stock Exchange (NSE) in 2004. The company’s business strategy is to focus on corporate banking, maintain a liquid balance sheet and minimize loan losses by lending to the global and large local corporates.