RMB Westport II

The proposed project involves a $40 million equity investment in RMB Westport Real Estate Development Fund II (“RMB 2” or the “Fund”) managed by RMB Westport Investments Limited (“RMB Westport” or “RMBW” or the “Manager. RMB 2 is seeking to raise US$450 million from Limited Partners (“LPs”) to develop retail, office and industrial properties in Sub-Saharan Africa (“SSA”), primarily Nigeria, Ghana, Angola and Ivory Coast. The Fund is a successor to RMB Westport Real Estate Development Fund I (“RMB1” or “Fund 1”), a 2012 vintage, US$256 million retail and office property development fund with investments in Nigeria, Ghana and Angola.