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
Industry Excluded
  • Not specified
Investment Stage Preference
  • Late stages
  • Expansion
  • Buyout
  • Growth / Development Capital
Investment Stage Excluded
  • Venture Capital
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


FUND DETAILS
Name of Fund Investec Africa Private Equity Fund 2
Committed Capital of Fund USD295 million
Fund Structure Capital raised from third parties
Nature of Fund Growth capital
Number of Portfolio Companies 5
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 USD30 million
Industry Preference
  • Consumer Related
  • General
Industry Excluded
  • Agriculture & Forestry & Fishing
  • Infrastructure
Investment Stage Preference
  • Late stages
  • Expansion
  • Buyout
  • Growth / Development Capital
Investment Stage Excluded
  • Venture Capital
Minimum and Maximum Equity Usually Taken 10% to 100% with a preference for significant minority
Geographical Preferences
  • Pan-African
FUND DETAILS
Name of Fund Investec Africa Credit Opportunities Fund 1
Committed Capital of Fund USD226.5 million
Fund Structure Third party capital
Nature of Fund Private Credit
Number of Portfolio Companies 16
INVESTMENT PREFERENCES
Minimum Investment US$10 million
Maximum Investment US$20 million
Average Current Investment Size US$14 million
Industry Preference
  • General
  • Not specified
Industry Excluded
  • Not specified
Investment Stage Preference
  • Not specified
Investment Stage Excluded
  • Venture Capital
Minimum and Maximum Equity Usually Taken Equity stake NA
Geographical Preferences
  • Pan-African