Information on the target
Stewards Investment Capital is a dynamic investment management firm that has recently achieved significant milestones, including the remarkable growth of its Stewards Private Credit Fund, which expanded from USD 30 million in February 2025 to USD 207 million by October 2025. Under the leadership of CEO Bilal Adam, the firm has strategically positioned itself to enhance its presence in both the U.S. and African markets, focusing on innovative investment solutions that cater to a diverse clientele.
The firm has also made notable strides in real estate, exemplified by its acquisition of 1818 Park, a premier Class-A mixed-use property in downtown Hollywood, Florida, for USD 190 million. This acquisition marks a pivotal step in integrating stabilized, income-producing real estate into its expanding private credit business, thereby broadening its investment strategy and enhancing its portfolio.
Industry overview in the target’s specific country
The private credit industry has been experiencing robust growth, particularly in the U.S., where institutional investors are increasingly seeking stable, uncorrelated returns. This trend has been further amplified by the ongoing economic recovery and the low-interest-rate environment, which has driven demand for alternative investment solutions. As a result, private credit has emerged as a vital asset class, attracting significant capital inflows from both domestic and international investors.
In Africa, the investment landscape is evolving rapidly, with a growing appetite for ethical and faith-based finance. The region is witnessing an increase in demand for Sharia-compliant investment solutions, reflecting the diverse needs of investors seeking to align their financial goals with their values. This shift presents a unique opportunity for firms like Stewards Investment Capital to develop tailored offerings that cater to this emerging market.
Moreover, Mauritius is strategically positioned as a trusted international financial hub, facilitating efficient capital flows between Africa and developed markets. The Mauritius International Financial Centre (MIFC) is becoming increasingly competitive, attracting global investors looking to tap into Africa's high-growth opportunities. Stewards Investment Capital is leveraging this advantage to bridge the gap between African investors and global markets, enhancing its service offerings and expanding its reach.
As competition intensifies within the financial services sector, firms must adapt and innovate to maintain their competitive edge. Stewards Investment Capital is committed to inv…