Grovest Venture Capital Company Limited

Year Fund Started 2014
Type of Fund Manager 12J VCC
Regulatory License Number FSP Number: 44303
Total Number of Investments to Date 8
Number of Investment Executives 4
Principal Office Address 164 Katherine Street, Pinmill Office Park, Building 2, First Floor, Sandton
Key Contact Person and Designation Jeffrey Miller
BEE Ownership
Company Description Grovest is managed by Grovest Corporate Advisory (Pty) Ltd (GCA). The GCA Management team comprises Industry experts with over 100 years’ experience. Grovest is a section 12 J VCC Fund formed under the auspices of SARS, which allows investors to deduct 100% of their investment in Grovest from their taxable income. Grovest provides one with a diversified investment in South African Private Companies whilst minimising the risk through the SARS approved Section 12 J tax deduction.
Telephone +27 (0)11 262 6433
Name of Fund Grovest Venture Capital Company Limited
Committed Capital of Fund Raising R100 million
Fund Structure Capital raised from individuals and corporates
Nature of Fund Early Stage, development capital, growth capital, expansion capital
Number of Portfolio Companies 8
Minimum Investment R50 000
Maximum Investment TBC
Average Current Investment Size R100 000+
Industry Preference
  • Not specified
  • General
Industry Excluded
  • Agriculture & Forestry & Fishing
  • Gambling
  • Mining and mining related
  • Real Estate / Property
  • Tobacco & Alcohol
Investment Stage Preference
  • Early-Stage
  • Expansion
  • Growth / Development Capital
Investment Stage Excluded
  • Venture Capital
Minimum and Maximum Equity Usually Taken Investment dependant
Geographical Preferences
  • South Africa