Sage Grey Capital

Sage Grey Capital Limited (“Sage Grey Capital”) is a wholly Private Equity Firm, with a strong portfolio of investment in companies across various sectors, such as:

Manufacturing

Oil & Gas

Recycling

Technology

Logistics

Power

Our portfolio cuts across companies bearing strong social and sustainable impacts. The company has invested in several projects within Nigeria.

Leadership

Mr. Kayode Lawal

Chairman, Board of Directors

Mr. Lawal is currently the Managing Director/ Chief Executive Officer of Fractional Investment Services Limited, a real estate company in Nigeria. He was previously the Executive Director, Corporate and Investment Banking of Sterling Bank Plc before setting up Intermediate Equity Partners Limited. Mr. Lawal has over 30 years’ experience in the Banking industry with insight into key sectors like the Oil and Gas, Telecommunications, Manufacturing and other Infrastructural Projects. Mr Lawal is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), member of the Chartered Institute of Taxation of Nigeria (CITN) and Chartered Institute of Bankers of Nigeria (CIBN). He is an alumnus of the Lagos Business School, Columbia University Graduate School of Business and University of Oxford.

Temitope Runsewe

Managing Director

Temitope Runsewe has over 15 years experience in the Financial Services sector. He worked at the Sage Grey Limited, a Corporate Finance & Financial Advisory company in Nigeria for five years prior to his role at Sage Grey Finance Limited as the Pioneer Managing Director. He led the Sage Grey Limited team in undertaking complex Corporate Finance transactions thereby facilitating deals in excess of $420Million and advising even significantly more deals including a railway deal, Power Generation Deals, Oil and Gas Deals including specialised Gas Development & Processing Deals, Manufacturing Deals and Financial Institutions optimisation deals amongst others. Prior to his role at Sage Grey Limited, he worked as a Managing Director of First Asset Limited. First Asset Limited is a Finance, Advisory and Research Company operating and incorporated in Sierra Leone. Under his leadership, First Asset Limited offered services to Commercial Banks, Telecommunication , Mining Companies and to Foreign Investors Companies operating or proposing to operate in West Africa.

First Asset Limited has worked with several investors and has successfully raised over $300 Million for several clients in West Africa mostly in Sierra Leone, Nigeria and Liberia.
He also worked at Guaranty Trust Bank Plc’s International subsidiary, where he headed several groups and teams in the including Corporate Banking, Commercial Banking and Mining. He has attended several Credit Courses at GTBank Plc Lagos, The KRC Ltd Lagos, and Harvard Associates- Lagos amongst others. He has also attended several other courses including an Investment Management Training at Robert Kennedy College in Zurich Switzerland.

Temitope sits on the board of Directors several organisations including Balaah Hope Initiative (a Non-Governmental Organisation focused on Social Issues of the girl child) , SPL Utorogu Limited ( a JV Company with NCDMB processing 200MMSCFD of gas), Rungas Prime Industries Limited (the Pioneer Composite LPG Cylinder Manufacturing Company in Nigeria which was partly funded by Nigerian Content Development and Monitoring Board ‘NCDMB’ (The Nigerian Government Agency Managing the $700 Million NCDF Fund)), Freee Recycle Limited (formerly Freetown Waste Management Recycle Limited –A Pioneer Recycling and Manufacturing Company), Splitmulti Limited (a fintech company) and OSNO Sunshine Biofuels Limited ( a Joint Venture Company with NNPC (Nigerian National Petroleum Company) and Ondo State Government) amongst others.
He has a B.Sc. Surveying and Geoinformatics Engineering (University of Lagos), MBA. (University of Wales, UK) , M.A Development Management (University of Sierra Leone) and MSc International Corporate Finance (University of Salford, UK)

Gbite Adeniji

Independent Non-Executive Director

Gbite Adeniji is the Managing Partner at ENR ADVISORY, a specialist law firm focused on the energy and natural resources sectors. He is known for his work on the reforms of the policy, legal, and regulatory frameworks of the mining and petroleum sectors. He advised the Nigerian government on mineral sector reforms and drafted the reform legislation – the Nigerian Minerals and Mining Act. He was also the petroleum policy advisor to the Government of Nigeria between 2015 and 2018 during which he led the preparation of the National Gas Policy and the National Petroleum Policy. He is currently advising a diverse clientele on infrastructure projects, commercial transactions and regulatory issues in the petroleum, electricity and mining sectors. He obtained a bachelor of laws (LLB) degree from the University of London and a master of laws (LLM) degree at the Georgetown University Law Centre, Washington DC, USA. He has also undertaken advanced studies in environmental, natural resources law and policy at the University of

Denver College of Law, USA. He was admitted as a solicitor and advocate of the Supreme Court of Nigeria in 1987.

funds

Infrastructure Fund

Sage Grey Capital shall be involved in the business of raising and deploying private capital to infrastructure projects in Nigeria and Sub Sahara Africa as a whole. Sage Grey Capital shall act as the Fund Manager. The Infrastructure Fund will be a credible fund set up for the promotion and support of Medium and Large-Scale infrastructure projects in Nigeria. The infrastructure projects will focus on the development and maintenance of services, facilities, and system.

Growth Fund

Sage Grey Growth Fund will be a foreign currency fund which will be domiciled in Mauritius. The Fund will be set up for the promotion and support of companies with a high potential for growth, such as those in emerging industries or with innovative products or services in the international market.

Export Fund

Sage Grey Export Fund will be an indigenous fund set up for the promotion of exportation of locally produced commodities while enabling repatriation of revenue generated by foreign investment. The Fund will be set up for the purpose of utilizing investments from Investors (for example “Airline Operators”) in Nigeria to promote export-based subprojects for boosting exportable output by delivering investment funds through term lending components

Credit Fund

Credit Fund Sage Grey Credit Fund will be a local currency fund which will be domiciled in Nigeria. The Fund will be set up to provide services such as; Investment in Debt Assets, Loan Sculpturing for clients, Liquidity Optimisation for clients, both for greenfield and brownfield projects/companies.

IT and Innovation Fund

Sage Grey IT & Innovation Fund will be a concise fund set up for investment in both stocks and debt securities of companies providing technology-based products or services. The Fund will promote development of technological products, services and infrastructure including information technology, data analytics, digital transformation, etc.