Phatisa  |
| FUND MANAGER DETAILS |
| Year Fund Started | 2011 |
| Type of Fund Manager | Sector-focused African private equity fund manager |
| Regulatory License Number | FSP Licence no. 43199 (RSA) | FSC Licence no. C109007765 (MU) | FSC Licence no C112011319 (MU) | FSC Licence no C117017015 (MU) |
| Total Number of Investments to Date | 16 |
| Number of Investment Executives | 9 |
| Principal Office Address | Suite 420, Fourth Floor, Barkly Wharf, Le Caudan Waterfront, Port Louis, Mauritius |
| Key Contact Person and Designation | Stuart Bradley (Managing Partner) , Pravisha Rampal (Head of Investor Relations) |
| BEE Ownership | None of the above |
| Company Description | Phatisa is a sector-specific African private equity fund manager located in and operating across sub-Saharan Africa. The firm currently has three funds under management, totalling more than US$ 400 million, focused on food and affordable housing. |
| Telephone | +27 (0)11 463 1920 |
| E-mail | investorrelations@phatisa.com |
| Website | www.phatisa.com |
| FUND DETAILS |
| Name of Fund | African Agriculture Fund (AAF) |
| Committed Capital of Fund | US$ 246 million |
| Fund Structure | Capital raised from third parties |
| Nature of Fund | Agribusiness and food sector, leveraged-buy-out, growth capital and expansion capital |
| Number of Portfolio Companies | 9 |
| INVESTMENT PREFERENCES |
| Minimum Investment | >US$ 5 million |
| Maximum Investment | 10% of fund size |
| Average Current Investment Size | US$ 20-25 million |
| Industry Preference | - Agriculture & Forestry & Fishing
- Consumer Related
- Food & beverage
- FMCG
|
| Industry Excluded | - Gambling
- Military services & Arms
- Tobacco & Alcohol
|
| Investment Stage Preference | - Early-Stage
- Expansion
- Buyout
- Buy-in
|
| Investment Stage Excluded | |
| Minimum and Maximum Equity Usually Taken | 25% to 100% |
| Geographical Preferences | |