Media And News

SAVCA Newsletter | 23 January 2014

Newsletter 23 January 2014:

Dear SAVCA members and friends

In a few weeks’ time we will be hosting you at our annual industry showcase, Private Equity in Southern Africa 2014: Geared for Growth. The event website has all the details for the conference, which will be held at Spier, Stellenbosch on Tuesday 11 February. Qualifying institutional investors have complimentary access – and are also invited to the LP-Only Masterclass on Monday 10 February.

Don’t miss the cocktail function on the eve of the conference: From 5pm on Monday 10 February, you can mingle with other SAVCA members and conference attendees at Spier (the function is exclusive to SAVCA and EMPEA members, and to conference attendees). Pre-registration via info@savca.co.za is essential.

Looking further ahead, we’re running an ESG Masterclass in Cape Town on 7 March (details below and on the Calendar function on the SAVCA website). You can also make a note of the SAVCA-GIBS Three-Day Foundation Programme in Private Equity, which is set for 6-9 August this year.

We thank SAVCA members who are responding promptly to our requests for updated details for the SAVCA Members’ Yearbook; the new-look A5 booklet will be published by SAVCA in May this year.

Nicole Berger, who joined SAVCA as Portfolio Manager late last year, is managing this process.

Regards

Erika van der Merwe

CEO: SAVCA

SAVCA Events:

Private Equity in Southern Africa 2014: Geared for Growth
Date    : Tuesday 11 February 2014
Venue  : Spier, Stellenbosch, South Africa

All information and registration details can be viewed at the event website or contact Pam Badwal directly on pam.badwal@ft.com to register. This event is free for qualifying LPs (institutional investors).

LP Masterclass

Date    : Monday 10 February 2014, starting with a lunch at noon

Venue  : Spier, Stellenbosch, South Africa

This session is open exclusively and on a complimentary basis to approved LPs and to fund of funds.  Registration is essential. For more information and to register, visit the event website.

SAVCA and EMPEA Members-Only Reception

Date    : Monday 10 February, 5pm to 7.30pm

Venue  : Spier, Stellenbosch, South Africa

Please RSVP to info@savca.co.za to reserve your place

ESG Masterclass

Beyond Compliance: How to gain financial value from ESG in the Private Equity Investment Cycle

Presenter        : James Brice MD of Environmental Business Strategies

Date                : Friday 7 March 2014

Time                : Arrival at 08:00; course to end by 13:00

Venue              : 22 Bree Street, Cape Town (Offices of Bowman Gilfillan)

Cost                 : R 2 800 for SAVCA members; R 3 200 for non-members

For more information or to register, please mail info@savca.co.za

SAVCA-GIBS Three-Day Foundation Programme in Private Equity

Dates   : 6-9 August 2014

Venue  : Gordon Institute of Business:  26 Melville Road, Illovo, Johannesburg

SAVCA in the News:

SAVCA expects increase in private equity asset base, Business Day, 23 December 2013

South African private equity industry has active year, BizCommunity.Com, 24 December 2013

SAVCA reappoints Emile du Toit as Chairman, Africa Asset Management, 11 December 2013

SAVCA Members in the News:

HarbourVest, Coller Capital buy Barclays Africa’s private equity book

Lereko Metier Sustainable Capital Fund exceeds fundraising target

Actis’s recent $95m investment in Paycorp is its fifth in the payments industry in three years

Harith plans to close a new fund with up to $700m before the end of the year to make investments in public-private infrastructure projects

Old Mutual funds infrastructure for long run

The AAF SME Fund Enters Nigeria via Investment in Bakery (See: Phatisa)

Standard Chartered Private Equity Acquires 13% of Choppies Enterprises Limited

Milestone for biofuels as pricing rules issued Levy on petrol price will help to spur ailing sorghum industry (See: Vantage Capital)

Private residences are being inundated with applications for accommodation in 2014, amid shortages in the public sector (See: HIS)

Huge investments into student housing (See: IHS)
Grindrod to target Africa with rail unit (See: Pembani Remgro Infrastructure Fund)
Ex Punk Rocker leads the way in broadband investment (See: Convergence Partners)

Industry News:

Carlyle Group CEO Rubenstein on Bloomberg TV: “I think private equity will continue to outperform public equities”