46 Parallels is an investment management partnership, launched in Q2 2011. It is a joint venture between TIA Capital Management LLP (TIA) and the JMH Group, and was formed to build, structure and launch an African investment fund, realising a strategy developed by TIA since 2009.
Our primary focus is to launch a closed-ended fund strategy specialising in Sub-Saharan African debt investments. The partnership is targeting a first close of the Fund at $100 million.
Since its launch, 46 Parallels has been financially backed by the JMH Group, an international conglomerate whose businesses include Fosroc, the fourth largest construction solutions business in the world, and whose core earnings mainly originate from emerging markets. Other businesses include JMH Capital Management, the investment office of the JMH Group. The Group’s involvement in 46 Parallels is a continuation of its long history of investment into global emerging markets.
Thus far, the business has offices in London, Lagos and Nairobi. Local access and a strong presence on the ground in Africa are key to the firm’s investment strategy and activities.
46 Parallels conducts regulated investment business in the UK through 46 Parallels Limited, which is authorised and regulated by the Financial Conduct Authority (registered number 554385).