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PSG readies to increase stakes in its subsidiaries
PSG was set to increase stakes in three of its subsidiaries as part of its growth strategy, Jannie Mouton, the executive chairman, said last week. Mouton said PSG would raise… Read more
SA Private Equity gains confidence
South African private equity firms are increasingly looking at the rest of the continent, spurred by the success of local telecoms and retail companies in Africa’s frontier markets, according to… Read more
S.Africa bonds gain on inflation hopes, rand up
JOHANNESBURG (Reuters) – South Africa’s government bonds gained on Wednesday on a lower than expected power price increase that cast the inflation outlook in a brighter light, while the rand… Read more
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… Read more
GroFin announce final close of the GroFin Africa Fund at $170 million.
GroFin today announced the final closing of the GroFin Africa Fund at US$170 million against a target of $150 million. This growth finance fund targets start-up and growth opportunities in small and medium enterprises in Africa.