KZN Growth Fund Trust |
FUND MANAGER DETAILS |
Year Fund Started | 2008 |
Type of Fund Manager | Captive |
Regulatory License Number | None |
Total Number of Investments to Date | 10 |
Number of Investment Executives | 3 |
Principal Office Address | 28th Floor, Delta Towers, 303 Pixley KaSeme st, Durban, 4001 |
Key Contact Person and Designation | Lwazi Zondi |
BEE Ownership | Black owned |
Company Description | Evolved from being a Debt Fund (Fund 1) and raising capital for second fund, which is an Equity Fund. Geographically well positioned in South Africa's second largest economy, KwaZulu-Natal. The Fund has developed strong relationships with the business community in the KZN province and is regarded as a premier investor, which is evidenced by a strong deal flow pipeline. The Fund has assembled a strong investment team to take it to the next level. |
Telephone | 313723720 |
E-mail | Lwazi@kzngrowthfund.co.za |
Website | www.kzngrowthfund.co.za |
FUND DETAILS |
Name of Fund | KZN Growth Fund |
Committed Capital of Fund | R800 million |
Fund Structure | Trust |
Nature of Fund | Private Debt and Equity Fund |
Number of Portfolio Companies | 7 |
INVESTMENT PREFERENCES |
Minimum Investment | R30 million |
Maximum Investment | R200 million |
Average Current Investment Size | R70 million |
Industry Preference | |
Industry Excluded | - Agriculture & Forestry & Fishing
- Real Estate / Property
|
Investment Stage Preference | |
Investment Stage Excluded | |
Minimum and Maximum Equity Usually Taken | R20m to R200m (26-49%) |
Geographical Preferences | |