The Fund Manager! Masterclass in Mauritius proved that world-class venture capital expertise can be developed anywhere\u2014even in a small island nation thousands of miles from traditional VC hubs. By bringing together ecosystem stakeholders and immersing them in an intensive, simulation-based learning experience, the program demonstrated a scalable model for accelerating VC ecosystem development.<\/p>\n
What made this initiative particularly powerful was its focus on practical, hands-on learning rather than pure theory. Participants didn\u2019t just learn about venture capital\u2014they lived it, making real decisions under pressure, experiencing the full lifecycle of fund management, and understanding viscerally what it takes to deliver returns to LPs.<\/p>\n
For Mauritius, this represents more than just a successful training program. It\u2019s a strategic step toward repositioning the country from a back-office service provider to a genuine venture capital hub capable of backing the next generation of African and global tech companies. As one participant put it: \u201cBacking vision is building Africa\u2019s future.\u201d<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
[\/et_pb_text][et_pb_image src=”https:\/\/www.strategytools.io\/wp-content\/uploads\/2025\/11\/1762599974123.jpg” title_text=”1762599974123″ _builder_version=”4.27.4″ _module_preset=”default” custom_padding=”0px||0px||false|false” custom_padding_tablet=”30px||30px||false|false” custom_padding_phone=”0px||0px||false|false” custom_padding_last_edited=”on|phone” global_colors_info=”{}”][\/et_pb_image][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” text_text_color=”#848484″ text_font_size=”14px” text_line_height=”1.5em” custom_margin=”||43px|||” custom_padding=”0px||0px|||” global_colors_info=”{}”]<\/p>\n
Winning team, with incredible net DPI!<\/span><\/p>\n [\/et_pb_text][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” header_2_font_size=”50px” header_2_line_height=”1.2em” custom_padding=”||||false|false” custom_padding_tablet=”30px||30px||false|false” custom_padding_phone=”0px||0px||false|false” custom_padding_last_edited=”on|phone” header_2_font_size_tablet=”50px” header_2_font_size_phone=”35px” header_2_font_size_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n [\/et_pb_text][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” custom_padding=”||||false|false” custom_padding_tablet=”30px||||false|false” custom_padding_phone=”0px||||false|false” custom_padding_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n \u2022\u00a0<\/span>Simulation-based learning compresses years into days:\u00a0<\/span><\/strong>The Fund Manager! simulation allows participants to experience a 10-15 year fund lifecycle in just three days, providing experiential learning that traditional classroom teaching cannot match<\/p>\n \u2022\u00a0<\/span>Geography is no barrier to VC excellence:\u00a0<\/span><\/strong>Small markets like Mauritius can develop sophisticated venture capital capabilities when given the right tools, training, and ecosystem support<\/p>\n \u2022\u00a0<\/span>Ecosystem development requires hands-on engagement:\u00a0<\/span><\/strong>Bringing together diverse stakeholders\u2014GPs, LPs, administrators, and aspiring managers\u2014creates network effects that strengthen the entire ecosystem<\/p>\n \u2022\u00a0<\/span>Power law dynamics must be experienced, not just taught:\u00a0<\/span><\/strong>Participants gained deep understanding of concepts like portfolio construction and outlier returns by actually living through these dynamics in the simulation<\/p>\n \u2022\u00a0<\/span>Africa needs its own VC capacity:\u00a0<\/span><\/strong>Rather than relying on external capital and expertise, developing local VC capabilities ensures that African innovation is backed by investors who understand the context and commitment required<\/p>\n [\/et_pb_text][et_pb_text _builder_version=”4.27.5″ _module_preset=”default” text_text_color=”#FFFFFF” background_color=”#293138″ custom_padding=”32px|32px|32px|32px|true|true” custom_padding_tablet=”” custom_padding_phone=”0px||0px||false|false” custom_padding_last_edited=”on|phone” hover_enabled=”0″ border_radii=”on|10px|10px|10px|10px” global_colors_info=”{}” locked=”off” sticky_enabled=”0″]<\/p>\n “It’s really impressive how the Fund Manager! simulation closely mimics the real life experiences of fund managers in Africa so this session makes up for a great learning experience. The facilitator’s experience, particularly their global insights, are a very rich addition to the whole experience. I would highly recommend this training to anyone working in Africa’s venture capital ecosystem.”<\/p>\n [\/et_pb_text][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” custom_padding=”||||true|false” custom_padding_tablet=”30px||||false|false” custom_padding_phone=”0px||0px||false|false” custom_padding_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n \n [\/et_pb_text][et_pb_video src=”https:\/\/www.strategytools.io\/wp-content\/uploads\/2025\/11\/Ciku-Mugambi-1-1.mp4″ image_src=”https:\/\/www.strategytools.io\/wp-content\/uploads\/2025\/11\/1762596464480.jpg” _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_video][\/et_pb_column][\/et_pb_row][et_pb_row custom_padding_last_edited=”on|phone” _builder_version=”4.26.1″ _module_preset=”default” width=”100%” max_width=”800px” custom_padding_tablet=”” custom_padding_phone=”|20px||20px|false|false” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″][et_pb_column type=”4_4″ _builder_version=”4.26.1″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” header_2_font_size=”50px” custom_padding=”||||false|false” custom_padding_tablet=”30px||30px||false|false” custom_padding_phone=”0px||0px||false|false” custom_padding_last_edited=”on|phone” header_2_font_size_tablet=”50px” header_2_font_size_phone=”35px” header_2_font_size_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n [\/et_pb_text][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” custom_padding=”||||true|false” custom_padding_tablet=”30px||||false|false” custom_padding_phone=”0px||0px||false|false” custom_padding_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n Having run over 50 VC Fund Manager Masterclasses, we remain stunned by how much content we can cover in just three days. From fund strategies and portfolio construction, to syndicated deal structures to partial secondary transactions, teams move from \u201cwe don\u2019t know much about venture capital\u201d to \u201cwow, look at what we have learned and look at how we have performed\u201d, in just three days.<\/p>\n As we scale this to 10,000+ participants, we believe we will bring a lasting, professional development of the landscape, from LPs, to GPs to key ecosystem partners across Africa and beyond.<\/p>\n \u201cA superb way to learn and build better venture ecosystems\u201d \u00a0\u2014 Scott B. Newton, Facilitator<\/em><\/p>\n [\/et_pb_text][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” header_2_font_size=”50px” custom_padding=”20px||||false|false” custom_padding_tablet=”30px||30px||false|false” custom_padding_phone=”0px||0px||false|false” custom_padding_last_edited=”on|phone” header_2_font_size_tablet=”50px” header_2_font_size_phone=”35px” header_2_font_size_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n [\/et_pb_text][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” header_2_font_size=”50px” custom_padding=”||||false|false” custom_padding_tablet=”30px||30px||false|false” custom_padding_phone=”0px||0px||false|false” custom_padding_last_edited=”on|phone” header_2_font_size_tablet=”50px” header_2_font_size_phone=”35px” header_2_font_size_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n [\/et_pb_text][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” custom_padding=”||||true|false” custom_padding_tablet=”30px||||false|false” custom_padding_phone=”0px||0px||false|false” custom_padding_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n Equitable Ventures is a venture capital fund based in Mauritius that provides a distinct opportunity to access the most promising early-stage fintech startups in Africa. Founded by Fabrice Boull\u00e9, a seasoned intrapreneur and venture capitalist with over 13 years of experience, Equitable Ventures focuses on financial inclusion across the continent.<\/p>\n Fabrice has been an integral part of the African VC ecosystem since its nascent stage in 2017 and is well known among key players. His experience includes founding Compass Venture Capital, leading Katapult\u2019s African investments, and a tenure at MCB Equity Fund. Having evaluated over 2,000 ventures and led investments in 25+ firms, Fabrice\u2019s track record underscores his dedication to enabling growth in Africa\u2019s startups.<\/p>\n Equitable Ventures is entrepreneurs-first, emphasizing strategic focus, customer feedback, and data-driven decisions. The firm provides hands-on guidance to help startups achieve profitability, scalability, and capital efficiency, supported by a network of venture capitalists, entrepreneurs, mentors, and executives.<\/p>\n [\/et_pb_text][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” header_2_font_size=”50px” custom_padding=”20px||||false|false” custom_padding_tablet=”30px||30px||false|false” custom_padding_phone=”0px||0px||false|false” custom_padding_last_edited=”on|phone” header_2_font_size_tablet=”50px” header_2_font_size_phone=”35px” header_2_font_size_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n [\/et_pb_text][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” custom_padding=”||||true|false” custom_padding_tablet=”30px||||false|false” custom_padding_phone=”0px||0px||false|false” custom_padding_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n Simera Ltd is a professional training and consulting organization based in Mauritius, founded in 2013 by Thierry Boull\u00e9. Initially focused on Supply Chain Management consulting and training, Simera is registered with the Mauritius Qualifications Authority as a training institution.<\/p>\n In January 2017, Simera expanded to launch Simera Inspired Orators, offering clients a diverse selection of experienced professional speakers tailored to their needs. The organization brings together consultants, speakers, and trainers\u2014both local and international\u2014who are meticulously selected based on their expertise and the specific challenges clients face.<\/p>\n Simera\u2019s mission is to support employees in developing their skills to contribute to company growth, offering programs including team buildings, seminars, corporate events, and professional conferences. As the exclusive representative of APICS (Supply Chain and Operations Management) and The Trusted Agency in Mauritius, Simera provides internationally recognized certifications.<\/p>\n [\/et_pb_text][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” header_2_font_size=”50px” custom_padding=”20px||||false|false” custom_padding_tablet=”30px||30px||false|false” custom_padding_phone=”0px||0px||false|false” custom_padding_last_edited=”on|phone” header_2_font_size_tablet=”50px” header_2_font_size_phone=”35px” header_2_font_size_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n [\/et_pb_text][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” custom_padding=”||40px||false|false” custom_padding_tablet=”30px||||false|false” custom_padding_phone=”0px||0px||false|false” custom_padding_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n The Fund Manager Masterclass will return to Mauritius in May 2026. Get in touch for details.<\/span><\/p>\n [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":" CASE STUDY | VENTURE CAPITAL \/ EDUCATIONFrom Early Strategy to Billions in DPI: Expanding the VC Ecosystem in Mauritius Mauritius has a long history as Africa\u2019s leading fund management location; but what happened when we brought the Fund Manager Masterclass to Mauritius? By: Chris Rangen \u201cI had no idea about venture capital funds when we […]<\/p>\n","protected":false},"author":15,"featured_media":274517,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","footnotes":""},"categories":[12,11],"tags":[],"class_list":["post-275957","page","type-page","status-publish","has-post-thumbnail","hentry","category-education","category-venture-capital"],"_links":{"self":[{"href":"https:\/\/www.strategytools.io\/wp-json\/wp\/v2\/pages\/275957","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.strategytools.io\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.strategytools.io\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.strategytools.io\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.strategytools.io\/wp-json\/wp\/v2\/comments?post=275957"}],"version-history":[{"count":12,"href":"https:\/\/www.strategytools.io\/wp-json\/wp\/v2\/pages\/275957\/revisions"}],"predecessor-version":[{"id":276326,"href":"https:\/\/www.strategytools.io\/wp-json\/wp\/v2\/pages\/275957\/revisions\/276326"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.strategytools.io\/wp-json\/wp\/v2\/media\/274517"}],"wp:attachment":[{"href":"https:\/\/www.strategytools.io\/wp-json\/wp\/v2\/media?parent=275957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.strategytools.io\/wp-json\/wp\/v2\/categories?post=275957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.strategytools.io\/wp-json\/wp\/v2\/tags?post=275957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Key Insights<\/h3>\n
<\/code><\/pre>\n\n
Facilitator Notes<\/h3>\n
About the Partners<\/h3>\n
Equitable Ventures<\/h3>\n
Simera Training<\/h3>\n
Join us in 2026?<\/h3>\n