Sean Friend

B.Sc, M.Sc, CFA Charterholder

Investment Director: CIO SADC

Sean is the Co-Portfolio Manager of the IDEAS Fund,
which invests in infrastructure and development assets in
the SADC region.
Sean joined Old Mutual Alternative Investments in 2006
and became part of AIIM in 2015 when the investment
teams were merged. As Co-Portfolio Manager, Sean has
been responsible for the IDEAS Fund’s overall
management since 2008 and over this period he has
overseen the fund becoming the largest equity investor to
date in South African infrastructure and South Africa’s
Renewable Energy Independent Power Producer
Procurement (“REIPPP”) programme. The fund has
substantial equity interests in 17 operational projects and 9
projects in construction. During this period, the IDEAS
Fund has grown its fund assets from ZAR2.0 billion to
approximately ZAR14.5 billion, including successfully
raising in excess of ZAR2.5 billion in new capital. A
particular milestone was the closing of 9 projects in the
Fourth Round of REIPPP with aggregate commitments in
excess of ZAR 3.0 billion.
Sean has represented and continues to represent the
IDEAS Fund on key strategic boards but his primary focus
remains on origination, transaction execution, investment
approvals and investor relations.
Prior to his role as Co-Portfolio Manager of the IDEAS
Fund, Sean was the portfolio manager for the IDEAS Fund
Property portfolio.
Sean holds a Bachelor of Science and Masters of Science
degrees from the University of Witwatersrand and is a CFA