Awani & Partners is an unincorporated Limited Partnership, legally represented by a managing partner with unlimited legal liability.
Companies seeking equity funding negotiate terms with the managing partner. Awani & Partners does not hold any shares in companies seeking private equity. Shares in companies seeking private equity are held by special purpose vehicles, which are formed to receive capital from private funders, who believe in the economic potential offered by the capital seeking companies.
Activities of Awani & Partners are limited to receiving proposals from companies seeking private equity and all processes related to evaluating proposals, approaching interested partners, discussing the best suitable legal structure to move suggested investment projects towards implementation and finally forming special purpose vehicles to syndicate funds for injection of funds into companies applying for equity participations.
The managing partner takes full personal legal responsibility for statements made in brochures and other promotional material issued under the name Awani & Partners regarding the investment proposals discussed.
Managing Partner is Ullrich Afini-Awani. Senior partners are Dr Ingo Kiedaisch and John George. The liability of Senior Partners and associated investors contributing funds to special purpose vehicles is limited to funds they provide for operating the Limited Partnership and the funds they contribute to the special purpose vehicles. These vehicles are limited liability companies.
Ullrich Afini-Awani and John George represent "Investor Interests" on the platform and supervise the "Project Teams". Dr Ingo Kiedaisch heads the "Controller-Team", which evaluates the economic results of the funded companies. The "Controller-Team" is segregated by a so called "Chinese Wall". The Project-Management-Teams operate the funded companies. The Controller-Team verifies, whether the strategy implemented by the Project-Management-Teams lead to the initially targeted economic results. This ensures that investors receive the true position of their investments from the Controller-Team at any point of time.
For the avoidance of doubt, it is again stated that Awani & Partners is an unincorporated Limited Partnership with Ullrich Afini-Awani acting as the Managing Partner with full personal legal liability. All Senior Partners are only liable with the amounts provided for operating the Limited Partnership. All other investors discussing investment opportunities on the platform are not liable for statements of Awani & Partners. They are only liable for equity they provide for special purpose vehicles, which provide funding for companies asking for equity.
Ullrich Afini-Awani – Managing Partner
Ullrich Afini-Awani is a German lawyer by training with German/Nigerian nationality. He is born in Lagos/Nigeria, attended a German boarding school, studied law at the University of Heidelberg, trained as a clerk for judicial appointment at a German district court and was called to the bar of Frankfurt as a fully qualified lawyer thereafter. He returned to Nigeria in 1999, where he started managing investment projects. Ullrich Afini-Awani carries the organizational risk of the unincorporated Awani & Partners Limited Partnership as a private individual for all investment projects promoted through the Awani & Partners Private Equity Platform.
Dr Ingo Kiedaisch - Senior Partner
Dr Ingo Kiedaisch, a German citizen, holds a PhD in business administration and has served numerous companies on market and corporate development topics. He is an expert in business development and management, as well as corporate organisation. He has assisted in sourcing funding for numerous ventures, some of which are now publicly listed companies. Dr Ingo Kiedaisch is not personally liable for actions of Awani & Partners' Private Equity Platform. He delivers his services internally to investment projects as independent Entrepreneur with limited liability.
John George – Senior Partner
John George, a Nigerian citizen, studied business administration at the University of Lagos and has acquired a deep understanding of the marginal oil field market in Nigeria during his professional career, offering marine services through his shareholdings in Jon Marino Ltd, GCI Oil & Gas Ltd and Sub Sea 9 Ocean Services Limited since 2009. John George is not personally liable for actions of Awani & Partners. He delivers his services internally to investment projects as independent Entrepreneur.