Citywire Money, Markets and Masterminds

SA private equity fundraising activity surges to a 13-year high

Loading player...
Close to 60% of the funds raised came from international investors, indicating growing interest from global markets in local markets. In this episode of "Money, Markets, and Masterminds," the discussion centres around the recent surge in private equity fundraising activity in South Africa, reaching a 13-year high. The conversation highlights key insights from the South African Venture Capital and Private Equity Association's (SAVCA) 2024 Private Equity Industry Survey, based on the preceding year‘s figures.  Another key finding of the survey was that 43% more in private equity funds were raised last year than in the preceding 2022. So, 2023 started off at a high of R28.1 bn. We invited Tshepiso Kobile, CEO of SAVCA, to the studio to help unpack some of the other details in the survey and chat about private markets in general - here and abroad. Tshepiso (pictured below) has quite the resume. She previously served as an investment professional with the Development Bank of Southern Africa and as a property finance manager with Standard Bank. Her most recent position was as Senior Programme Manager for Cata-lytic Projects at the eThekwini Municipality in KwaZulu Natal. Tshepiseo holds a BSc (Honours) Degree in Property Studies from the University of Cape Town and a Diploma in Company Direction from Institute of Directors in the UK. For more information, you can download the complete SAVCA PE Industry Survey 2024 here: SAVCA-PE-Survey-2024-Digital.pdf.
20 Aug English South Africa Investing

Other recent episodes

Are umbrella funds truly delivering on their promises, or are they falling short of providing the value members deser

For many employers, umbrella funds promise simplicity, cost-effectiveness and the benefits of scale. But beneath the surface, there are pressing concerns. Critics have pointed out issues ranging from hidden costs to limited transparency. Employers often focus solely on administration fees, overlooking other significant expenses like investment fees, which can leave…
6 Dec 28 min

How Trump-proof is your portfolio?

This episode serves as a year-end analysis, providing insights into how investors can navigate the uncertainties ahead. As markets reacted positively to Donald Trump’s presidential win, with both equity futures and the US dollar rising significantly, questions arise about the sustainability of these trends. Joined again by Sean Neethling, head…
29 Nov 18 min

Developments in emerging markets

For most of the last three years US markets, led by large-cap growth companies, have surged while other developed and emerging markets have struggled to keep up. As a grouping, emerging markets seem to have lost their lustre and global investors appear more willing to rotate allocations within the US,…
4 Nov 20 min

Decoding the Top 50 Advisers list and how advisers made the cut

In this episode of Money, Markets, and Masterminds we unpack the thinking behind Citywire South Africa’s inaugural Top 50 Adviser list that was released this week. Joining me in studio is Tracy Benjamin, Citywire South Africa’s audience development relationship manager, who shared her insights into the selection process of advisers…
31 Oct 9 min

The many challenges faced by administrators under the two-pot system

In the latest episode of ‘Money, Markets, and Masterminds,’ host Ruan Jooste discusses key highlights from the recent Institute of Retirement Funds Africa (IRFA) conference held in Cape Town, themed ‘Better Together’, bringing together over 1,000 delegates, including retirement fund managers, regulators, and industry experts. Joined by IRFA President Geraldine…
11 Oct 19 min
All episodes