Investec Asset Management |
FUND MANAGER DETAILS |
Year Fund Started | 2008 |
Type of Fund Manager | Independent |
Regulatory License Number | n/a |
Total Number of Investments to Date | 7 |
Number of Investment Executives | 8 plus 1 advisor |
Principal Office Address | 36 Hans Strijdom Avenue, Foreshore, Cape Town, South Africa, 8001 |
Key Contact Person and Designation | Andre Kuys, Nick Tims |
BEE Ownership | None SA / Not applicable |
Company Description | Investec Asset Management’s (IAM) African private equity Fund is at the core of a wider African investment capability at IAM. The experienced primary investment team is an integral part of this broader Pan-African investment capability – one that comprises over 70 investment professionals and manages over US$40 billion (of IAM’s US$110 billion in assets under management), of which over US$4 billion is in Africa ex-SA, deployed across the liquidity spectrum |
Telephone | 4.4755774086e+11 |
E-mail | nick.tims@investecmail.com |
Website | www.investecassetmanagement.com |
FUND DETAILS |
Name of Fund | Investec Africa Private Equity Fund 1 |
Committed Capital of Fund | US$155 million (R1,5 billion): |
Fund Structure | Capital raised from third parties |
Nature of Fund | Growth capital |
Number of Portfolio Companies | 7 |
INVESTMENT PREFERENCES |
Minimum Investment | US$15 million (R150 million), with a target range of US$15-40 million (R150 million-R400 million) |
Maximum Investment | US$70 million (R700 million) with ability to make larger investments through bringing in co-investors |
Average Current Investment Size | US$15-40 million (R150 million-R400 million) |
Industry Preference | - Consumer Related
- Not specified
- General
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Industry Excluded | |
Investment Stage Preference | - Late stages
- Expansion
- Buyout
- Growth / Development Capital
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Investment Stage Excluded | |
Minimum and Maximum Equity Usually Taken | 10% to 100% with a preference for significant minority |
Geographical Preferences | - SADC
- South Africa
- East Africa
- West Africa
- North Africa
- Pan-African
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