HAVAIC  |
| FUND MANAGER DETAILS |
| Year Fund Started | 2016 |
| Type of Fund Manager | Venture Capital |
| Regulatory License Number | FSP No. 33933 |
| Total Number of Investments to Date | 15 |
| Number of Investment Executives | 4 |
| Principal Office Address | Cube WS, The Pavillion, V &A Waterfront, Cape Town |
| Key Contact Person and Designation | Ian Lessem |
| BEE Ownership | |
| Company Description | HAVAIC is an investment and advisory firm that specialises in investing and supporting early-stage, high-growth post-revenue African businesses driven by technology with global prospects. As a complementary offering, HAVAIC provides corporate advisory and capital raising services to its portfolio companies as well as emerging, internationally scalable businesses. |
| Telephone | +27 21 140 3569 |
| E-mail | ian.lessem@havaic.com |
| Website | www.havaic.com |
| FUND DETAILS |
| Name of Fund | HAVAIC Universum Core Africa Fund Limited Partnership |
| Committed Capital of Fund | Not specified |
| Fund Structure | En commandite partnership |
| Nature of Fund | Venture Capital |
| Number of Portfolio Companies | 14 |
| INVESTMENT PREFERENCES |
| Minimum Investment | R1 million |
| Maximum Investment | R20 million |
| Average Current Investment Size | R5 million |
| Industry Preference | - Computer &/ Electronics
- Financial & Insurance
- Health & Medical & Life Science related
- ICT
|
| Industry Excluded | - Gambling
- Military services & Arms
- Mining and mining related
|
| Investment Stage Preference | |
| Investment Stage Excluded | |
| Minimum and Maximum Equity Usually Taken | 1% - 25% |
| Geographical Preferences | - SADC
- South Africa
- East Africa
- West Africa
- Sub-Saharan Africa
|