AFIG Funds promotes Le Bouder to managing director

AFIG names new managing director
AFIG names new managing director | courtesy of

Private equity fund management company the Advanced Finance and Investment Group (AFIG) LLC promoted Stephane Le Bouder Wednesday to the position of managing director.

Le Bouder, a Central African Republic native, came to the company in 2013 and served as the deputy assistant secretary for International Affairs at the U.S. Treasury Department. He was also appointed by the Obama Administration, where he collaborated with the senior treasury and White House officials in the areas of International Finances and Development.

He also has a history with the U.S. Congress and was responsible for drafting the Dodd-Frank Wall Street Reform Act. Le Bouder attended Harvard Business School, where he earned his MBA.

AFIG Funds is located in Dakar, Senegal, where it holds investments across multiple countries in West, Central and East Africa. The company specializes in strong growth companies and has a regional focus. Many of the investors are individuals with impressive records in the industry.

On his promotion, Le Bouder said, "It is a true privilege to be a member of a team with such diverse backgrounds and skills, and to be offered an opportunity to play a leadership role as AFIG Funds continues to build on its solid foundation."