News from August 2009

Associate in Private Equity

A leading, independent private equity investor in emerging markets is looking for a dynamic Private Equity Associate for their South Africa office. The role is to support the team in structuring, evaluating, originating, executing and monitoring investments by performing financial, statistical, business and investment analyses, conducting research, preparing support documentation and assisting in due diligence [...]

China shifts investments into private hedge funds

China Investment Corporation (CIC), the country’s sovereign wealth fund, is continuing to shift its investments away from cash and is investing billions in hedge funds and private equity funds, according to chairman Lou Jiwei.
It had invested now “many times” the $500 million (R3.8 billion) that CIC was reported to have placed in hedge funds and [...]

Aureos Africa Fund raises up to US$317.8 million despite gloomy markets

Focus on small to medium-sized companies with domestic or regional growth potential
Fund has already made nine investments in companies operating across 15 countries

Aureos Africa Fund has increased its funds under management to US$317.8 million, after its initial closing in September 2008. The Aureos Africa Fund is an initiative of Aureos Capital, the private equity fund [...]

Private Equity fund ups Sandbox stake

International private equity company Aureos Capital has paid R66 million to increase its stake in Sandbox.
The deal will see Aureos Capital increase its existing 10% stake to 39% and Sandbox management gaining 20% in the technology service provider. The transaction was funded through the $254 million Aureos Africa Fund and the $50 million Aureos Southern [...]

Zimbabwean firms in SA roadshow