Empowerment Capital |
FUND MANAGER DETAILS |
Year Fund Started | 2015 |
Type of Fund Manager | |
Regulatory License Number | FSP 46333 |
Total Number of Investments to Date | >20 |
Number of Investment Executives | 5 |
Principal Office Address | 115 West Street, Sandton, Johannesburg, South Africa |
Key Contact Person and Designation | Anton Baumann, Mark Fitzjohn |
BEE Ownership | Majority black owned |
Company Description | Empowerment Capital is a black owned and black managed investment company.
Started in 2015 by Anton Baumann and Mark Fitzjohn, Empowerment Capital has established 3 corporate venture capital companies in partnership with leading South African corporates – Andzani Ventures, Imvelo Ventures and Thuthuka Nathi Ventures. Empowerment Capital promotes commercial investments into the SMME sector that are conducted in the true spirit of transformation, empowerment and nation building. The company has pioneered mutually beneficial long-term equity investments in the SMME sector as a form of sustainable and impactful enterprise and supplier development with its corporate partners Sappi, Capitec Bank and Shoprite Checkers and others. The Company is now seeking aggressive growth as it enters the next phase of its business, to raise funding with institutional investors for further support of the SMME sector.
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Telephone | +27 11 883 0105 |
E-mail | info@empowerment.capital / anton@empowermentcapital.co.za / mark@empowermentcapital.co.za |
Website | www.empowerment.capital |
FUND DETAILS |
Name of Fund | Andzani Ventures |
Stage of Fund | First close |
Committed Capital of Fund | |
Fund Structure | Investment company |
Nature of Fund | |
Number of Portfolio Companies | |
INVESTMENT PREFERENCES |
Minimum Investment | R3 million |
Maximum Investment | R50 million |
Average Current Investment Size | |
Industry Preference | - Agriculture & Forestry & Fishing
- Energy
- Water & Sanitation
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Industry Excluded | - Gambling
- Military services & Arms
- Mining and mining related
- Oil & Gas
- Real Estate / Property
- Tobacco & Alcohol
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Investment Stage Preference | - Early-Stage
- Seed
- Private Equity
- Start-up
- Expansion
- Venture Capital
- Growth / Development Capital
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Investment Stage Excluded | - Replacement capital
- Buyout
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Minimum and Maximum Equity Usually Taken | 26%- 49% |
Geographical Preferences | |