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Runa Alam, Co-Founding Partner and CEO at Development Partners International

Runa Alam

Co-Founding Partner and CEO @ Development Partners International

London, United Kingdom

Runa Alam is a private equity investor at Development Partners International in London focused on Farming and Agriculture. Runa co-founded DPI in 2007. She has 29 years of investment banking, emerging market entrepreneurship and private equity experience. Before DPI, Runa was CEO of KZAM, a joint venture between Zephyr Management of New York and Kingdom Holding Company, which managed PAIP-PCAP, sponsored by the International Finance Corporation and the CommonwealthSecretariat. Runa also acted as CEO of ZMAIF (known as the New Africa Fund prior to Zephyr Management taking over the management in 2000 and Runa’s involvement), sponsored by the Overseas Private Investment Corporation, where she helped implement a successful turnaround of the fund.Runa was formerly a director of the AIG Africa Infrastructure Fund, managed by Emerging Market Partnership in Washington, and has “on-the-ground” management experience in emerging markets having founded and managed both Peregrine Bangladesh and Union Capital Bangladesh in the 1990s. Runa started her career in New York working for investment banks including Morgan Stanley and Merrill Lynch in mergers and acquisitions and corporate and tax-exempt finance.Runa serves on the Eaton Towers Holding LLP, ETW Africa Holdings UK Limited, Guaranty Trust Assurance plc and Touax Africa SAS boards of directors, and has previously served on the Liberty Star Consumer Holdings (Proprietary) Limited, United Bank of Africa plc, Letshego Holdings Limited and Celtel boards of directors. Runa is Chair of the African Venture Capital Association and a member of the Emerging Market Private Equity Association advisory board and its Africa Council. She is also a member of the Millennium Promise’s UK board and is on the advisory board of The Tony Elumelu Foundation. Runa sits on the advisory council of Princeton University’s Woodrow Wilson School for Public and International Affairs, her Alma Mater. She holds a BA in International and Developmental Economics from the Woodrow Wilson School of Princeton University and an MBA from the Harvard Business School. She was also a Harry S. Truman Congressional Scholar. Runa is a US citizen.

Total investments:
1
Last investment:
Lead investor:
100%

Last updated:

Industries Runa Alam invests in

FarmingAgricultureFood Processing

Stages Runa Alam invests in

Private Equity

Countries Runa Alam invests in

Tunisia

Investment Focus

Industry

  • Farming 1 (100%)
  • Agriculture 1 (100%)
  • Food Processing 1 (100%)

Investments

CompanyDescriptionRoundLinks
Sicam Sicam
Sicam is an agriculture company that produces packaged content. $56M / Private Equity / May 21, 2020
Development Partners International

About Development Partners International

VC Fund · London, United Kingdom

Development Partners International (“DPI”) is a leading Pan-African private equity firm, with strong local knowledge and an established track record of investing in Africa.DPI was established in 2007 by co-founders Miles Morland and Runa Alam, both pioneers of African investment, with a vision to build a leading pan-African private equity firm.Today, DPI manages over US$1.1bn of assets across two private equity funds.Through its world class team with over 100 years of aggregate African investment experience, DPI has invested in 19 portfolio companies operating across 27 countries.The investment team is 100% African and over 40% of the DPI team is made up of women. They possess the local network, knowledge and language skills to source and invest in transactions throughout the continent.

Development Partners International Contacts

NameEmailPhoneSocials
Babacar Ka
Babacar Ka Partner
Miles Morland
Miles Morland Co-Founding Partner and Chairman
Runa Alam
Runa Alam Co-Founding Partner and CEO
Takudzwa Mutasa
Takudzwa Mutasa Partner
Ziad Abaza
Ziad Abaza Partner

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FAQ

What does Runa Alam invest in?

Runa Alam invests primarily in Farming, Agriculture and Food Processing startups, most often at Private Equity stage. Most of the 1 investments tracked by Shizune back companies in Tunisia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

When did Runa Alam last invest?

The most recent investment recorded for Runa Alam closed in May 2020. Shizune tracks 1 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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