Monday 29 August 2016

SAVCA/RisCura: SA Private Equity Shows Ten-Year IRR of 19%

The latest RisCura-SAVCA South African Private Equity Performance Report for the first quarter of 2016 shows that the South African private equity industry remains resilient, delivering a ten-year internal rate of return (IRR) of 19% at the...

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...

DFIs Norfund, FMO Team up with Rabobank for ‘Arise’ Bank Holding

DFIs FMO and Norfund have teamed up with Rabobank to pool their stakes in several financial services providers in sub Saharan Africa. The new entity, ‘Arise’, will be operational from 1 January 2017 and will begin with a footprint across 20...

SAVCA: Private Equity Fundraising for Southern Africa Reaches Record High

Funds raised by private equity managers investing in South Africa and other African markets reached R29.0bn in 2015, the highest on record for the industry and up a significant 145% from R11.8bn in 2014. This is according to the SAVCA 2016 Private...

AVCA: Africa Private Equity Exits Reach Nine-Year High

EY and AVCA have released the 2015 exit analysis – from their release: The research found that private equity firms have retained their investments longer and waited for the right opportunity to exit as macroeconomic uncertainty has increased. As a...

SAVCA Survey Report: Pension Funds Still Cautious About Private Equity Investments

A recently released survey report by the Southern African Venture Capital and Private Equity Association (SAVCA), titled ‘New Frontiers’, has established that the allocation by pension funds in Southern Africa to private equity remains limited....

Orange Invest EUR75m in Africa Internet Group

Telecoms operator Orange have announced the investment of EUR75m (USD85m), via their corporate investment fund Orange Digital Ventures, in Africa Internet Group, which has already been backed by Axa, Goldman Sachs, Rocket Internet, and telco...

GIIN and Open Capital Advisors Launch Report on Impact Investing in Southern Africa

The Global Impact Investing Network (GIIN), in partnership with Open Capital Advisors, today published The Landscape for Impact Investing in Southern Africa, a state-of-the-market analysis of the impact investing industry in the active region. The report...

Update from SAVCA PE Conference:Industry Set for New Deals

Private equity in Southern Africa experienced steady deal flow and exit activity in 2015 and, with a number of private equity houses having announced successful fundraising programmes, the industry is well positioned to back new deals in the coming years...

Surge in Fundraising, Challenges in Spending?

The Africa-focused private equity industry had a good run in fundraising last year: 2015 was the year that brought us the first USD1bn sub Saharan Africa funds. Still not a massive amount by global standards, but for a region with a still relatively...

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