Private equity and venture capital investments gain traction in SA
SA is seeing record flows to alternative asset classes, particularly private equity
The value of funds under management of private equity companies in SA increased more than fourfold in the 15 years to 2017, the Southern African Venture Capital and Private Equity Association’s (Savca) 2018 industry survey shows. Venture capital investments surpassed the R1bn mark for the first time in 2017. Private equity and venture capital funding is giving businesses that would otherwise find it difficult to access funding the financial muscle they need to scale up.
Some of the success stories documented by Savca include the Bakwena Platinum Corridor, which has led to investment of about R18m in socioeconomic development projects along the route. In the Free State, the Emfuleni Voerkrale feedlot has roughly doubled each year since launching in 2013. Moreover, affordable rental housing investor, Urban Impact Properties, has provided more than 10,000 student beds throughout SA. “The value that private equity and venture capital in particular can offer the economy and start-u...
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