Blue International Holdings, the $110m UK registered investment company, has appointed Candice Beaumont to its advisory board with a view to working together to provide substantial further equity funding to its current and future investee companies in both a private and public market context.

Blue invests in the natural resources and energy markets in sub Saharan Africa.  It holds a substantial equity position in Blue Gold, a 4.2m oz gold producing mine in Ghana, West Africa; and has invested considerable capital into Joule Africa, a hydropower project developer, also focused on West Africa. 

Andrew Cavaghan, Managing Partner and Executive Director of Blue International Holdings said,

“we are delighted to welcome Candice to our advisory board, she brings a wealth of investment experience, both as an investment banker and more recently as Chief Investment Officer of L Investments and Chairman of Salsano Group, a Panama based family office.  Blue is seeking to arrange substantial further investment into its portfolio companies over the coming months, as well as expanding its own portfolio of investments; on both of which we expect to collaborate closely with her.”

Candice Beaumont, Chief Investment Officer of L Investments said,

“the team managing Blue International have made some interesting investments that make them attractive to much larger sources of capital in the public and private markets, where I have considerable experience.  I am looking forward to working with them over the coming months to help realise that potential, as well as looking at new opportunities together.”