IDF Capital

FUND MANAGER DETAILS
Year Fund Started 2008
Type of Fund Manager Independent
Regulatory License Number 33416
Total Number of Investments to Date 110
Number of Investment Executives 3
Principal Office Address 33 Fricker Road, Illovo, Johannesburg
Key Contact Person and Designation Polo Leteka, Boitumelo Mokolobate
BEE Ownership
Company Description IDF Capital specialises in investing in black owned, black women owned and black youth owned entrepreneurial business. We are committed to the achievement of socio-economic development objectives through commercial investments. IDF Capital provides capital, loan, quasi-equity and equity funding. We provide bespoke non-financial business support and we facilitates access to markets for the investee companies, while focusing on earning the required rate of return on investments.
Telephone +27 (0)11 772 7900
E-mail polo@idf.co.za
Website www.idf.co.za
FUND DETAILS
Name of Fund IDF 1
Committed Capital of Fund R149 million
Fund Structure En Commandite Partnership
Nature of Fund Growth/Venture Capital
Number of Portfolio Companies 76
INVESTMENT PREFERENCES
Minimum Investment R250,000
Maximum Investment R30 million
Average Current Investment Size R2 million
Industry Preference
  • Not specified
  • General
Industry Excluded
  • Gambling
  • Military services & Arms
  • Real Estate / Property
Investment Stage Preference
  • Late stages
Investment Stage Excluded
  • Seed
Minimum and Maximum Equity Usually Taken 5% to 49%
Geographical Preferences
  • South Africa


FUND DETAILS
Name of Fund IDF II
Committed Capital of Fund R320 million
Fund Structure En Commandite Partnership
Nature of Fund ESD / ICT / Productive Sectors
Number of Portfolio Companies 34
INVESTMENT PREFERENCES
Minimum Investment R250,000
Maximum Investment R30 million
Average Current Investment Size R5 million
Industry Preference
  • Not specified
  • General
Industry Excluded
  • Gambling
  • Military services & Arms
  • Real Estate / Property
Investment Stage Preference
  • Venture Capital
  • Growth / Development Capital
Investment Stage Excluded
  • Not specified
Minimum and Maximum Equity Usually Taken 5% to 49%
Geographical Preferences
  • South Africa