CardinalStone Real Assets Limited, one of Nigeria’s top alternative asset managers, don announce the appointment of Laolu Alabi as their new executive director. This move dey part of their plan to drive strategic growth and expand their portfolio in real estate and infrastructure development.
Laolu Alabi come with plenty experience in strategic fundraising and management across global markets. Before joining CardinalStone, he lead the real estate division at African Capital Alliance, where he serve as Fund Manager for the USD 165 million Capital Alliance Property Investment Company (CAPIC) fund. He oversee investment strategies, asset management, and exits for the fund.
Alabi also work as associate investment director at Silk Invest Limited, a UK-based multi-strategy investment firm, where he play key role in fundraising for the Silk Invest Africa food private equity fund. He even work as research analyst at Stanbic IBTC, focusing on the breweries sector.
Mohammed Garuba, Chief Executive Officer of CardinalStone Real Assets, express confidence in the appointment, saying, “We are excited to welcome Laolu to our leadership team. His deep knowledge and proven track record in the real estate sector will be crucial as we continue to expand our portfolio and drive excellence in property development and management.”
Alabi himself talk say, “I am honoured to join CardinalStone Real Assets and look forward to working closely with the talented team here to achieve the company’s ambitious goals. I am eager to contribute to the continued growth and success of the firm.” He hold a bachelor’s degree in Banking and Finance from the University of Lagos, a master’s degree from Cranfield School of Management, Cranfield University, and is a Fellow of the Chartered Certified Accountants (FCCA).