Tuesday 23 May 2017

SAVCA Appoints New CEO

The Southern African Venture Capital and Private Equity Association (SAVCA) has appointed Tanya van Lill as their new CEO. She will take over from outgoing CEO Erika van der Merwe on 1 March 2017. Van Lill holds an MBA from the Gordon Institute of...

South African PE Continues to Outperform Listed Markets in Q3 2016

SAVCA and RisCura have released their third quarter report for 2016, showing that private equity still outperforms listed equities over the ten-year period ending 30 September 2016: ‘The report – which tracks a representative basket of private equity...

Carlyle Become Largest Shareholder in SA’s Global Credit Ratings

Off to an interesting 2017 start: Carlyle Group have acquired an undisclosed stake in South African credit rating agency Global Credit Ratings (GCR). Speaking to the media, Carlyle said the firm would ‘buy around half of the equity in GCR from its...

Carlyle Acquire Majority Stake in CMC Networks

Carlyle Group have announced the acquisition of a majority stake in CMC Networks, a pan-African provider of telecoms connectivity solutions. CMC’s founder and management will invest alongside Carlyle. Details of the transaction were not disclosed. CMC,...

Ethos’ Mid Market Fund I Reaches First Close

South African Ethos have announced the first close of their Ethos Mid Market Fund I (MMFI) so that the fund can now begin investing. The fund will target leverage buyout transactions with enterprise values of ZAR500m to ZAR1.5bn, with Ethos investing...

SAVCA: Private Equity Plays Growing Role in Funding Infrastructure Gap

SAVCA released latest figures from their 2016 Private Equity Industry Performance Survey, showing the growing role that the industry plays in financing infrastructure development in sub Saharan Africa: The survey indicates that of the ZAR165.3bn in...

SAVCA: SA PE Returns for Q2 Highlight Value of Asset Class

The latest performance record of South African private equity, as reflected in the RisCura-SAVCA South African Private Equity Performance Report for the second quarter of 2016, confirms the capacity of this asset class to deliver steady...

Carlyle to Acquire Stake in South African Amrod

Global PE firm Carlyle Group have announced the acquisition of a majority stake in South African Amrod, a supplier of promotional products and clothing, through their USD698m Sub Saharan Africa Fund. The transaction value was not disclosed. The three...

SAVCA Appoint Boynton, Goddard, Maitin as New Board Members

The Southern African Venture Capital and Private Equity Association (SAVCA) has made three new board appointments following their AGM on 21 September – from their release: Paul Boynton is the CEO of Old Mutual Alternative Investments (OMAI),...

RisCura Guest Post: Are South African Asset Prices Overvalued?

By Mark Winter, Analyst, RisCura. Republished with permission.   If you own equity in South African companies that derive most of their income from business activities within South Africa, you might need to start adjusting your thoughts about what...

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