Private equity is a proven tool for economic growth, with private equity businesses growing faster than JSE listed companies, growing tax revenues faster and creating jobs at much faster rates than public companies.
Baphalane Capital Private Equity has developed a mandate to invest in unlisted entities that:
- Produce sufficient free cash flow to pay a sustainable dividend
- Have a strong enterprise and skills development focus
- Typically have an EBITDA of between R10 and R15 million per annum consistently for the past three years
The fund is sector agnostic and has a target fund size of R250 million.
Private equity could be used to a much greater extent in South Africa to earn outperformance for investors and create sorely needed jobs through economic growth.
Baphalane Capital Private Equity seeks to partner with Baphalane Ba Mantserre Investment Holdings to originate, structure and execute on investments that meets its private equity mandate.