News Team

Alex Karp, the black tech billionaire and chief executive officer of Palantir Technologies, bought a $46 million mansion on Miami’s Venetian Islands in June, months before the data-analytics firm shifted its headquarters from Denver to nearby Aventura.

Property records show the 9,700-square-foot waterfront home at 55 East San Marino Drive on San Marino Island was purchased by Hibiscus East LLC.

State filings list New Hampshire-based lawyer Patrick Collins as the company’s representative. Collins has also appeared in records tied to other real estate linked to Karp.

Palantir relocated its headquarters last month to a co-working space near Aventura Mall in South Florida.

The move came after years in Denver, where the company’s offices were the focus of protests tied to its work with the U.S. Department of Defense and U.S. Immigration and Customs Enforcement.

Demonstrations have continued following the company’s arrival in South Florida. Palantir builds software that helps governments and companies analyze large sets of data.

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After a 25-year bet on Kenya’s banking sector, one of East Africa’s most influential investment firms is finally cashing out.

Centum Investment Company has exited Sidian Bank, selling its final stake and bringing to a close a relationship that helped shape the lender’s rise in Kenya’s SME banking market.

The investment, executed through Bakki Holdco, gave Centum an effective 13.6 percent stake in the fast-growing bank. For more than two decades, the Nairobi-based firm backed Sidian’s expansion among small and medium-sized businesses, a segment that has become a cornerstone of Kenya’s financial system.

The exit also underscores the enduring legacy of Chris Kirubi, the late Kenyan tycoon who built Centum into a diversified investment powerhouse spanning banking, real estate, and manufacturing.

Now, with the Sidian chapter closed, Centum is preparing for its next move.

The firm is expected to redeploy capital into new high-growth sectors across East Africa, signaling a fresh phase in its long-term investment strategy.

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