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

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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 2024 English South Africa Investing

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