New York-based investment advisory firm, Development Capital Partners (DCP) has been chosen to advise Ghanaian footballer turned entrepreneur, Asamoah Gyan on his growing investment portfolio.
Gyan Investments Ghana Limited is the holding company for the business interests of Asamoah Gyan including Baby Jet Airlines, Mama Vits Investments Ghana Ltd, Baby Jet Promotions and Goldstar Consult Ltd.
The partnership which ostensibly is aimed at helping grow the Ghanaian economy, which officials of Gyan Investments believes will also help secure funding for projects in Ghana.
The advisory services will cover the entities under the group including the yet to be launched, Baby Jet Airlines.
The signing ceremony took place on Friday in the United States of America.
Commenting on the deal, the CEO of DCP Andrew Naylor, said “Asamoah Gyan is a high profile personality both in Ghana and internationally and we are delighted to have been chosen to support the development of his business portfolio including Baby Jet Airlines”.
Sammy Anim Addo, CEO of Gyan Investments, said “We are delighted to have the support of DCP in the development of Asamoah Gyan’s investment portfolio”.
The executives of both parties present at the signing ceremony were as follows: Richard Bouma Chairman of DCP, Charles Roskelly Chief Operating Officer of DCP,Joseph Marteye Business Development Director – Ghana of DCP, Kissi Agyebeng Managing Partner of Cromwell Grey Counsel for Asamaoh Gyan.
Baby Jet Airlines is currently undergoing processes to be granted an air carrier license which will enable it start operating in Ghana’s domestic aviation space.
It recently announced recruitment of staff for the airline company.
Development Capital Partners, LLC (“DCP”) is a New York-based investment manager with an exclusive focus on frontier and emerging markets. The firm’s primary strategy is to make long-term investments in a concentrated portfolio of businesses operating in Africa.