South Africa Private Equity Industry Report 2023: Investment and Corporate Activity, Funds Under Management, Funds Raised and Returns, Notable Players, & Regulatory Developments - ResearchAndMarkets.com

The "The South African Private Equity Industry 2023" report has been added to ResearchAndMarkets.com's offering.

This report covers the private equity sector in South Africa including venture capital and SME funding.

It includes information on the size and state of the sector, investment and corporate activity, funds under management, funds raised and returns, notable players and developments, including regulatory developments which could result in new investment trends.

There are profiles of 28 companies including RMB Corvest and RMB Ventures, Metier, African Rainbow Capital, Hlayisani Capital, Vantage Capital and the SA SME Fund.

While funds under management have increased, the private equity sector has experienced a slowdown in the value and number of investments since 2018. Returns have also been falling recently. The slowing global and local economy is likely to mean a tougher 2023 for fund managers. South Africa's grey listing and ratings downgrades are other challenges.

However, Pension Funds Act amendments, which came into effect in January 2023, could help increase investment in venture capital and in infrastructure.

Venture Capital

In recent years there has been an increase in venture capital investments in startups. Fintech accounts for most venture capital investments and exits by value and number.

There has also been an increase in the number of institutional investors backing venture capital. Increasingly South African venture capital funds are investing in startups on the rest of the continent. Most venture capital investments are at early stage and there is a lack of follow-on funding.

Regulation

Amendments to Regulation 28 of the Pension Funds Act, which came into effect in January 2023, allow pension funds to allocate up to 45% investment in South African infrastructure projects, up from 30% previously.

They also increase the amount of assets pension funds can allocate to private equity to 15% (from 10% previously).

Key Topics Covered:

1. INTRODUCTION

2. DESCRIPTION OF THE INDUSTRY

2.1. Industry Value Chain

2.2. Geographic Position

2.3. Size of the Industry

3. LOCAL

3.1. State of the Industry

3.2. Key Trends

3.3. Key Issues

3.4. Notable Players

3.5. Corporate Actions

3.6. Regulations

3.7. Enterprise Development and Social Development

4. AFRICA

5. INTERNATIONAL

6. INFLUENCING FACTORS

6.1. Economic Environment

6.2. Labour

6.3. Technology, R&D, Innovation

6.4. Government Involvement

6.5. Pension Fund Investment

6.6. Infrastructure Investment

6.7. Environmental Issues, ESG and Responsible Investing

6.8. Cybersecurity

7. COMPETITIVE ENVIRONMENT

7.1. Competition

7.2. Ownership Structure of the Industry

7.3. Barriers to Entry

8. SWOT ANALYSIS

9. OUTLOOK

10. INDUSTRY ASSOCIATIONS

11. REFERENCES

11.1. Publications

11.2. Websites

APPENDIX

Companies Mentioned

• 4Di Group (Pty) Ltd
• Absa Securities United Kingdom Ltd
• Absa Stockbrokers Nigeria Ltd
• Acorn Private Equity (Pty) Ltd
• African Growth and Private Equity - PCC
• African Infrastructure Investment Managers (Pty) Ltd
• African Rainbow Capital Investments Ltd
• AIIM Hydropower Holdings (Pty) Ltd
• Alliance Holdings Ltd
• Altvest Capital Ltd
• Anatrica AG
• ARC Real Estate GP (Pty) Ltd
• ARM-Harith Infrastructure Investment Ltd
• AYO Technology Solutions Ltd
• BetBio Zambia Ltd
• Bopa Moruo Private Equity Fund Managers (Pty) Ltd
• Business Partners International Adviser Ltd
• Business Partners International Zambia Ltd
• Convergence Partners Management (Pty) Ltd
• Development Bank of Southern Africa
• Edge Growth Business Development (Pty) Ltd
• EFS Namibia (Pty) Ltd
• Enerweb (Pty) Ltd
• Ethos Private Equity (Pty) Ltd
• Federated Farmers (Pty) Ltd
• Grovest Venture Capital Company (Pty) Ltd
• Harith Partners UK Ltd
• Havaic Holdings South Africa (Pty) Ltd
• Hlayisani Fund Managers (Pty) Ltd
• Horizon Equity Partners (Pty) Ltd
• IDF Capital (Pty) Ltd
• Industrial Development Corporation of South Africa Ltd
• Ino Harith Capital (Pty) Ltd
• Interaction Market Services Cape Town (Pty) Ltd
• Interaction Market Services Ekurhuleni (Pty) Ltd
• Interaction Market Services Holdings (Pty) Ltd
• Interaction Market Services Regional Markets (Pty) Ltd
• International Finance Corporation (USA)
• Jozi Angels Investment Group (Pty) Ltd
• K2018565981 (South Africa) (Pty) Ltd
• Kalon Venture Partners Ltd
• Knife Capital (Pty) Ltd
• Launch Africa Ventures Fund 1
• Liberty General Insurance Uganda Ltd
• Liberty Life Tanzania Ltd
• Linked to Africa Management Services Ltd
• Metier Investment and Advisory Services (Pty) Ltd
• Naspers Ltd
• National Empowerment Fund Trust
• Nedbank Ltd
• NESA Venture Capital Investments (Pty) Ltd
• Old Mutual Private Equity (Division of Old Mutual Alternative Investments (Pty) Ltd)
• Pallidus European Investments (CY) Ltd
• Pallidus Holdings (Pty) Ltd
• Payprop (Pty) Ltd
• Pembani Remgro Infrastructure Managers (Pty) Ltd
• Pembani Remgro Infrastructure Mauritius Fund I LP
• Pharmaways Healthcare (Pty) Ltd
• Phatisa Food Fund 2 LLC
• Phatisa Managers (Pty) Ltd
• Public Investment Corporation SOC Ltd
• Purpose Vunani Asset Management (Pvt) Ltd
• Radio Africa Group Ltd
• RMB Corvest (Pty) Ltd
• RMB Ventures (Pty) Ltd
• SA SME Fund Ltd (The)
• Sanlam Private Equity (Division of Sanlam Investment Management (Pty) Ltd)
• SIM Swaziland Ltd
• Sorbet Experience UK Ltd (The)
• Stanbic Holdings Ghana Ltd
• Stanlib Asset Management (Pty) Ltd
• Stanlib Tanzania Ltd
• Vantage Capital Group (Pty) Ltd
• Vuna Partners (Pty) Ltd
• Vunani Capital Partners Ltd

For more information about this report visit https://www.researchandmarkets.com/r/xso21y

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