Objectives
- To achieve above-average investment returns through making medium to long-term equity and equity related investments
- To champion and promote ESG and BEE in portfolio companies
Strategy / Criteria
- Partner-established companies seeking medium- to long-term equity partners
- Invest in profitable and established businesses with proven entrepreneurs and/or management teams
- Acquire significant minority and/or controlling positions in portfolio companies (varying from 15% to 80% equity interest)
- Key executives in portfolio companies are encouraged to share in the equity risks and rewards
- Investment horizon of up to seven years
- Investment size of at least R50 million
- Investments in various industries, excluding tobacco, liquor, gambling and military weapons industries
- Focus on investments in South Africa primarily, with an ability to invest in the rest of Africa