Helios Fairfax Partners - Director, Masai Ujiri.
Director, Masai Ujiri.
Source: Giants of Africa.
  • Helios Fairfax Partners (HFPC.U) has appointed Masai Ujiri, President of the Toronto Raptors, to its Board of Directors
  • In 2011, Ujiri became the first African general manager in professional sports with the Denver Nuggets
  • In 2019, under his leadership, the Toronto Raptors became the first team outside of the U.S. to win an NBA Championship
  • Helios Fairfax’s objective is to achieve long-term capital appreciation by investing in African businesses
  • Helios Fairfax Partners (HFPC.U) is unchanged trading at US$4.41 per share

Helios Fairfax Partners (HFPC.U) has appointed Masai Ujiri, President of the Toronto Raptors, to its Board of Directors.

In 2003, Ujiri co-founded Giants of Africa, an organization that helps youth play basketball in more than 17 African countries and territories.

In 2011, Ujiri, who grew up in Zaria, Nigeria, became the first African general manager in professional sports with the Denver Nuggets.

In 2019, under his leadership, the Toronto Raptors became the first team outside of the U.S. to win an NBA Championship.

Ujiri has also served as a board member of Basketball Without Borders and has travelled to African Union meetings with Prime Minister Justin Trudeau as part of the Canadian delegation.

This year, Ujiri is focused on the issue of child soldiers and peace, as well as advocating for equality and fair treatment for marginalized people in the justice system.

The summer of 2022 will see the inaugural Giants of Africa Festival bring together 200 youth from 11 African countries to Rwanda for a week-long celebration of basketball, education, culture and entertainment.

Helios Fairfax Partners is an investment holding company whose objective is to achieve long-term capital appreciation by investing in African businesses.

Helios Fairfax Partners (HFPC.U) is unchanged trading at US$4.41 per share as of 9:31 am ET.

More From The Market Online
Bombardier

Bombardier completes partial redemption of US$200 million

Business jet manufacturer Bombardier (TSX:BBD.B) redeems US$200 million of its outstanding 7.875 per cent senior notes due by 2027.
Stock market chart up

@ the Bell: TSX joins upward movement among markets

Optimism spread across the globe's major markets Tuesday, including strong gains in the Toronto Stock Exchange.

Nickelex Resource to acquire Arlington Gold Property

Nickelex Resource (TSXV:NICK) acquires 100 per cent interest in nine claims within the Boundary District in south-central British Columbia.