Larry Seruma is the Managing Principal of Nile Capital Management, LLC, the advisor of the Nile Africa funds. Mr. Seruma has over 20 years of experience in portfolio management, investment research and quantitative investment strategies. In 2004, Mr. Seruma founded Nile Capital Management, where he began his tenure as Portfolio Manager for the Nile Master Fund, a global long/short equity hedge fund. In 2005, the Nile Fund was integrated into Proxima Alfa Investments (USA) LLC – formerly VegaPlus Capital Partners – a subsidiary of Banco Bilbao Vizcaya Argentaria, and Mr. Seruma was named one of the firm’s Managing Directors. Currently, Nile Capital Management serves as the advisor for the Nile Africa funds, which seek opportunities for investment across the African continent. Prior to founding Nile Capital Management, Mr. Seruma was a Principal at Barclays Global Investors, a division of Barclays Capital. He was a Member of the active strategies group there and also a Member of BGI’s investment process committee. Early in his career, Mr. Seruma was an options market maker in the exchange pits at the Chicago Board Options Exchange. Mr. Seruma has authored several articles on investments in Africa and other emerging and frontier markets, and he has been featured in many leading financial publications. He is also the Author of “Money Watch Africa,” a financial blog focused on understanding African investment opportunities, and he serves on the board for All For Africa, a nonprofit organization that focuses on providing sustainable funding to charities and community based programs. He received an MBA in analytic finance and statistics from the The University of Chicago Booth School of Business in 1996.