Investing on the Frontier

The Team

Runa Alam


Ms. Alam has 24 years of investment banking, emerging market management and private equity experience. For the five years before starting DPI, Ms. Alam was Chief Executive of two African private equity funds run in parallel: the Zephyr Management African Investment Fund (“ZMAIF”), a joint venture between Zephyr Management of New York and Prince Al-Waleed's Kingdom Holdings, and the Pan-African Investment Partners and the Pan Commonwealth Africa Partners (“PAIP/PCAP”) funds, sponsored by the IFC and the Commonwealth Secretariat.

Ms. Alam serves on the UBA Board of Directors and has served on the Celtel and Letshego Boards of Directors.

Ms. Alam was formerly a Director of the AIG Africa Infrastructure Fund, managed by Emerging Market Partnership in Washington, and has “on-the-ground” management experience in emerging markets having founded and managed both Peregrine Bangladesh and Union Capital Bangladesh in the 1990s. Ms. Alam started her career in New York working for investment banks including Morgan Stanley and Merrill Lynch, where she worked in mergers and acquisitions and corporate and tax-exempt finance. She holds a BA in International and Developmental Economics from the Woodrow Wilson School of Princeton University (1981) and an MBA from the Harvard Business School (1985) and was also a Harry S. Truman Congressional Scholar.


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