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
  • General
Industry Excluded
  • Agriculture & Forestry & Fishing
  • Real Estate / Property
Investment Stage Preference
  • Early-Stage
  • Expansion
Investment Stage Excluded
  • Seed
Minimum and Maximum Equity Usually Taken R20m to R200m (26-49%)
Geographical Preferences
  • South Africa


FUND DETAILS
Name of Fund KZN GROWTH EQUITY FUND
Committed Capital of Fund R300M
Fund Structure Trust
Nature of Fund Growth and Impact Fund
Number of Portfolio Companies 3
INVESTMENT PREFERENCES
Minimum Investment R20 million
Maximum Investment R100 million
Average Current Investment Size R70 million
Industry Preference
  • General
Industry Excluded
  • Agriculture & Forestry & Fishing
  • Real Estate / Property
Investment Stage Preference
  • Early-Stage
  • Expansion
Investment Stage Excluded
  • Seed
Minimum and Maximum Equity Usually Taken R20 million
Geographical Preferences
  • South Africa