African Capital Alliance (ACA) is a leading independent investment firm focusing on Nigeria and the broader West African region. Formed in 1997, ACA has, to date, obtained aggregate capital commitments of over $750m across several funds raised from its offices in Lagos, Nigeria. ACA has a proven track record of successfully exiting investments and delivering strong returns to investors. ACA is currently investing out of its third fund Capital Alliance Private Equity III (CAPE III), a $400 million private equity fund and the Capital Alliance Property Investment Company (CAPIC), a $165m real estate fund.