Posts by savca

Find Out about VC Office Hours and how it’s Helping to Close the Gap Between SA Entrepreneurs and VCs | SME South Africca

Despite some advances in the country’s entrepreneurship ecosystem, venture capital investors (VCs) continue to be something of a mystery to many entrepreneurs. Most startups in South Africa are self-funded. Up to 95% of entrepreneurs surveyed in the Seed Academy’s Real State of Entrepreneurship in South Africa 2017 report said their businesses are funded by a combination of owner’s…

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Call for ‘Gauteng Silicon Valley’ | IT-Online

Government, universities and the private sector in Gauteng should harness the gains that have been made by both the public and private sector to build a mobile ecosystem and facilitate access to mobile broadband connectivity in the province.  Mariana Kruger, GM: products and services at MTN Business, says that more needs to be done to…

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Capital flight talk over says Grovest man on launch of R200m Metta Capital fund | Ventureburn

The talk of “capital flight” from South Africa has come to an end, believes venture capitalist Jeff Miller, following the launch yesterday of Metta Capital, the first 12J VC fund of funds. Miller, who yesterday launched the fund with fellow Grovest venture capitalist Malcom Segal, aims to raise R200-million from investors by 23 February 2018 to invest in eight Section 12J…

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Private Equity in South Africa 2016 – Business and Finance, Finance, Private Equity Industries | satPRnews

The Private Equity in South Africa 2016 Report has been published. It provides updated in 2018 year analysis of industries from Business and Finance, Finance, Private Equity Markets. The South African Private Equity Sector: This report focuses on the private equity industry in South Africa since 2010. South Africa has a sophisticated and established private equity…

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Vantage invests $12.5m in Maryland Mall | VANTAGE CAPITAL

Vantage Capital, Africa’s largest mezzanine fund manager, announced today that it has provided $12.5 million of funding to Purple Capital, a prominent Nigerian real estate company and financial service provider. Purple Capital is the developer of the iconic 6,000m² Maryland Mall, a neighbourhood shopping centre in the Ikeja district of Lagos.PURPLE_VANTAGE PRESS RELEASE (final)

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Private equity funds rise to top of pile | BusinessLIVE

Domestic private-equity funds outperformed listed equities in the three years to the end of the first quarter as funds sold investments profitably and innovative risk-assessment models paid off. Private-equity funds, which invest in unlisted companies, fared best against the all share index, with a public market equivalent (PME) score of 1.19. READ MORE  

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SAVCA Newsletter Feature: Q&A with Sanari Capital

SAVCA speaks to Sanari Capital Founder and CEO, Samantha Pokroy (SP), as the firm celebrates its fourth birthday. What did it take to get here and how do they plan to ensure many happy returns? Tell us a bit about Sanari Capital. SP: Sanari Capital specialises in investing in founder-run, owner-managed or family-owned businesses in…

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Convergence Partners acquires stake in ESET Southern Africa | Convergence Partners

At the annual AfricaCom conference today, pan-African ICT investor, Convergence Partners and 4Di Group announced a recently concluded acquisition of a significant minority stake in ESET Southern Africa by Convergence Partners. ESET Southern Africa is the local distributor and brand operator for leading global internet and endpoint security software vendor ESET, for the Southern African…

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SA private equity performs favourably against listed markets | FANews

The latest Q2 2017 RisCura-SAVCA South African Private Equity Performance Report reveals that private equity’s performance relative to listed markets remains positive. The quarterly report, which tracks the performance of a representative sample of South Africa’s private equity funds, shows that industry has outperformed the FTSE/JSE All Share Total Return Index (ALSI TRI) and the…

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Knife Capital invests alongside Candy Crush creators in Swedish start-up | Knife Capital

South African venture capital firm Knife Capital makes its first global investment since opening the London office in a Stockholm-based IoT specialist. Knife Capital has secured its first European investment by participating in a R22m funding round by Stockholm-based Mobile and Sensory Technology (MOST). The Cape-based venture capital firm is investing alongside some of Europe’s…

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