Private Equity in the doldrums
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Despite attractively priced assets, the lure of remaining listed declining and a swift bounce back from Covid, Private Equity suffered its annus horribilus last year.
Private equity investments totalled R14.9 billion in 2021, a marginal increase from R14.5 billion in 2020.
But the number of deals was still the lowest since 2011, and the value is less than half of what the local industry attracted at its peak in 2018.
Fund raising remains tough for South African private equity GPs as evidenced by the latest SAVCA survey which shows that Funds Under Management increased by 5.6% to R206.2bn down from a 5.8% increase in 2020.
Michael Avery is joined by Langa Madonko, Investment Principal at Summit Africa and SAVCA Board Member
Siya Nhlumayo, Partner at Vuna Partners and Phathutshedzo Mabogo, Acting Chief Investment Officer of the Eskom Pension and Provident Fund
Private equity investments totalled R14.9 billion in 2021, a marginal increase from R14.5 billion in 2020.
But the number of deals was still the lowest since 2011, and the value is less than half of what the local industry attracted at its peak in 2018.
Fund raising remains tough for South African private equity GPs as evidenced by the latest SAVCA survey which shows that Funds Under Management increased by 5.6% to R206.2bn down from a 5.8% increase in 2020.
Michael Avery is joined by Langa Madonko, Investment Principal at Summit Africa and SAVCA Board Member
Siya Nhlumayo, Partner at Vuna Partners and Phathutshedzo Mabogo, Acting Chief Investment Officer of the Eskom Pension and Provident Fund
