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Alitheia Capital adds Nigerian corporate and M&A rising star Tomilola Tobun as Legal and Compliance Manager
Established in 2007, Alitheia Capital is a trailblazing impact investing private equity and financial advisory firm based out of Lagos. It recently enhanced its team of seasoned investment professionals with an addition of in-house legal function
Rising star Nigerian corporate lawyer Tomilola Tobun has continued her ascent, as she revealed this week that she now leads the legal and compliance function of Alitheia Capital, an impact investment firm that’s played a pivotal role in nurturing Africa’s tech ecosystem and catalysing growth and innovation across the continent.
“In this new chapter, I will be leading efforts to strengthen the firm’s legal, compliance, and governance frameworks - supporting not only the firm’s mission but also its portfolio companies in delivering sustainable, impact-driven growth,” says Tobun, who in May was one of two African lawyers, alongside five European counterparts, shortlisted for the Rising Star Award in Corporate/M&A - National at the 2025 IFLR Women in Business Law EMEA Awards.
Tobun says she is passionate about contributing to Africa’s development story by applying legal and compliance frameworks that enable ethical investing, inclusive growth, and long-term business sustainability. She has more than 11 years’ experience in corporate law, and is a graduate of Obafemi Awolowo University and Nigerian Law School, with an LLM from Pretoria University.
Tobun has previously led the Corporate Practice at Perchstone & Graeys, and most recently was a Senior Associate at leading firm ALN Nigeria | Aluko & Oyebode. Last year, she was named to the Ascent Club Top Career Women in Africa List, and she has also won a Rising Star Award at the ESQ Nigerian Legal Awards.
In her new role as Legal and Compliance Manager at Alitheia Capital, Tobun’s responsibilities will include providing legal strategy, risk and governance advisory across operations, fund structuring, and portfolio transactions.
Established in 2007 by Tokunboh Ishmael and Jumoke Akinwunmi, Alitheia Capital now manages over $250 million in assets spread across various funds, including a fully vested clean energy fund, financial inclusion funds, and Africa’s largest gender lens fund, Alitheia IDF, which boasts a portfolio exceeding USD 100 million.
Alitheia Capital has been at the forefront of Africa’s venture capital and private equity space, catalyzing growth and innovation across the continent. Through initiatives like the Nzinga Scale-Up Bootcamp, it has also provided invaluable non-financial support to SMEs and fund managers, amplifying impact beyond financial returns.
Tobun says she is looking forward to the growth that this new chapter holds, as she helps support impact-driven investments and engages in meaningful collaborations where law, finance, and sustainability converge.