The SA private equity has outperformed the FTSE/JSE All Share Total Return Index (ALSI TRI) and the FTSE/JSE Shareholder Weighted Total Return Index (SWIX TRI) over the 3-year and 5-year reporting periods analysed.
PE Industry News
Exits to private equity and other financial buyers continued to increase in 2017, to 37%, and now represent the most common exit route, as evidenced by the sixth annual PE exit study, presented by EY and the African Private Equity and Venture Capital Association (AVCA).
Quantum Global has been subjected to a barrage of baseless and damaging allegations in the press in Mauritius while it prepares to contest actions taken by the Financial Intelligence Unit (FIU) in the Mauritius Court.
Milost Global in partnership with Japaul Oil & Maritime Services, Resort Savings and Loans, Femab Properties and Primewaterview Holdings has offered a combination of debt and equity facility to the Nigerian market.
DOB Equity, a Dutch family-backed impact investor, has opened an office in Westlands, Nairobi, where leading investors and business representatives gathered to discuss entrepreneurship in East Africa.
Denham Capital, a global energy-focused private equity firm, acting through its International Power Fund, has established its new Africa Power Investment Platform, in partnership with Themis.
The South African private equity industry delivered a 10-year (in Rand terms) internal rate of return of 12.9% at September 2017, according to the latest Q3 2017 RisCura-SAVCA South African Private Equity Performance Report.
The success of real estate investment trusts (REITs) in South Africa, where the market is currently valued at $16.1bn, has prompted a number of other countries, including Kenya, Morocco and Rwanda, to introduce REIT legislation of their own.
AfricInvest, a pan-African private equity firm, has announced the first close of FIVE, an evergreen platform for investing in financial institutions in Africa.
Investisseurs & Partenaires, an impact investment fund dedicated to SMEs in Africa, has obtained the B Corp certificate, a prestigious certification meeting the highest standards of social and environmental performance, transparency and accountability.
South African private equity performance relative to listed markets remains positive, according to the latest Q2 2017 RisCura-SAVCA South African Private Equity Performance Report.
GuarantCo and InfraCo Africa have opened their first Africa office, which will cover East and Southern Africa from Nairobi, Kenya.
The Abraaj Group and the International Federation of Red Cross and Red Crescent Societies (IFRC), have signed a Memorandum of Understanding to provide education, primary care interventions and more complex treatment for NCDs, communicable diseases and mother/child healthcare.
The South African Minister of Economic Development has published official government notices confirming changes to the merger notifiability thresholds and the merger filing fees payable to the South African Competition Commission for large and intermediate merger notifications.