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.
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
Industry Excluded
  • Gambling
  • Military services & Arms
  • Mining and mining related
  • Oil & Gas
  • Real Estate / Property
  • Tobacco & Alcohol
Investment Stage Preference
  • Early-Stage
  • Seed
  • Private Equity
  • Start-up
  • Expansion
  • Venture Capital
  • Growth / Development Capital
Investment Stage Excluded
  • Replacement capital
  • Buyout
Minimum and Maximum Equity Usually Taken 26%- 49%
Geographical Preferences
  • South Africa


FUND DETAILS
Name of Fund Imvelo Ventures
Stage of Fund Fundraising
Committed Capital of Fund
Fund Structure Investment company
Nature of Fund
Number of Portfolio Companies >20
INVESTMENT PREFERENCES
Minimum Investment R3 million
Maximum Investment R50 million
Average Current Investment Size
Industry Preference
  • Consumer Related
  • Computer &/ Electronics
  • Financial & Insurance
  • Telecommunications
  • ICT
Industry Excluded
  • Agriculture & Forestry & Fishing
  • Chemical & materials
  • Gambling
  • Infrastructure
  • Military services & Arms
  • Mining and mining related
  • Oil & Gas
  • Real Estate / Property
  • Tobacco & Alcohol
Investment Stage Preference
  • Early-Stage
  • Seed
  • Private Equity
  • Start-up
  • Small
  • Expansion
  • Medium
  • Mature
  • Venture Capital
  • Growth / Development Capital
Investment Stage Excluded
  • Replacement capital
  • Bridge
  • Mature
  • Large
  • Buy-in
  • Mezzanine
  • Greenfield / Brownfield
Minimum and Maximum Equity Usually Taken 26% - 49%
Geographical Preferences
  • South Africa
FUND DETAILS
Name of Fund Thuthuka Nathi 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
Maximum Investment
Average Current Investment Size
Industry Preference
  • Agriculture & Forestry & Fishing
  • Computer &/ Electronics
  • Construction & Building Products
  • Consumer Related
  • Financial & Insurance
  • FMCG
  • Food & beverage
  • ICT
  • Logistics & Packaging
  • Manufacturing
  • Telecommunications
  • Transportation
  • Water & Sanitation
Industry Excluded
  • Chemical & materials
  • Gambling
  • Military services & Arms
  • Mining and mining related
  • Oil & Gas
  • Real Estate / Property
Investment Stage Preference
  • Early-Stage
  • Replacement capital
  • Seed
  • Private Equity
  • Start-up
  • Small
  • Expansion
  • Medium
  • Mature
  • Large
  • Venture Capital
  • Growth / Development Capital
Investment Stage Excluded
  • Replacement capital
  • Buyout
  • Mezzanine
  • Greenfield / Brownfield
Minimum and Maximum Equity Usually Taken 26%-49%
Geographical Preferences
  • South Africa