Runa Alam

Co-Founder & CEO, Development Partners International (DPI)
Runa Alam is the co-founder and CEO of Development Partners International (“DPI”).   DPI is a leading private equity firm investing throughout Africa, and manages $1.1 billion in two funds, African Development Partners I (“ADP I”) and ADP II. ADP I is a Cambridge Associates benchmarked top quartile fund with 4 of its 9 companies already exited at blended returns in the high 20’s, and ADP II is being invested currently. DPI has focused on commercial returns while targeting ESG and impact since inception.  With more than 9 years of data DPI has been a leading sustainability investor while building a high commercial return track record. ADP I and ADP II are managed with high standards of ESG and they create significant positive impact in the countries in which they invest.   DPI is a signatory to the UN Principles for Responsible Investment (UN PRI). Runa has more than 30 years of private equity, emerging market management and investment banking experience.  She has invested in Africa for more than 18 years.   She serves on the Boards of many African companies which are investee companies of DPI or previous private equity funds.  She has contributed to the development of private equity in Africa as a former Chair and a current Board Member of AVCA (the African Private Equity Association), Chair of the AVCA Sustainability Committee, and a Board and Africa Council Member of EMPEA (the Emerging Markets Private Equity Association).   She also sits on the Advisory Committee to the Dean of the Woodrow Wilson School of Public and International Affairs at Princeton University, and USAID’s Private Sector Partners Committee.    Ms. Alam has won numerous industry awards including Private Equity Africa’s “Outstanding Leadership Award” for her work with DPI and the African private equity industry.   DPI has also won numerous industry awards including “House of the Year 2017”, Best “Mid Cap Investor 2016”, Best Deal, Best Exit and Best Social Impact Deal. Ms. Alam started her career on Wall Street working for Morgan Stanley and Merrill Lynch.    She is a development economist and is a graduate of Princeton University and Harvard Business School.   She is also a Harry S. Truman Congressional Scholar.