New guide to boost private equity investing by pension schemes in Kenya
RisCura’s findings in a private equity (PE) market study dispel the misconception that PE is a new asset class in the East African market. The Private Equity Investment Guide and Market Study Report, which contains these findings, was launched this month by the East Africa Venture Capital Association (EAVCA), Financial Sector Deepening Africa (FSD...
Institutional DFMs – an excellent solution for retirement funds
With the aim of ensuring fair outcomes for financial customers, South African regulators are advocating for a greater separation of financial advisory and investment management activities. Consequently, financial advisors are increasingly partnering with Discretionary Fund Managers (DFM). DFM services are not only useful to advisors for their retail...
Private equity multiples in Africa by sector 2016
Multiples sector focus shows how both the consumer discretionary and consumer staples industries fetch the highest multiples across all sectors. The consumer sector has been identified time and time again as one of the most attractive areas for investment on the continent, due to the favourable demographics and the so-called ‘growing middle class’....
Private equity multiples in Africa by deal size 2016
Higher priced transactions tend to take place at the larger end of the deal size spectrum, in this case in the category of companies with Enterprise Value greater than USD 250m. It is interesting to note that at an Enterprise Value of less than USD 250m, there is very little differentiation between...
The fruit of green investing
Responsible investors are becoming increasingly concerned about the impact of their current decisions on the environment they will retire into. Evidence of rapid climate change is stacking up and any investment decision not factoring this in may be short-sighted. Institutional investors have recognized the importance of ESG factors in their asset allocation...
ILPA Principles 3.0: Embracing the emerging trends of ESG and impact investing
In June this year the Institutional Limited Partners Association (ILPA) published the latest edition of its principles under the title “ILPA Principles 3.0: Fostering Transparency, Governance and Alignment of Interests for General and Limited Partners.” The new principles take a much-needed step forward both in advancing environmental, social and...
Private Equity impact investing in Namibia
Sapna Shah, the Managing director of Global Impact Investing Network (GIIN) started his 2019 report by saying “I wouldn’t surprise you if I opened this letter with a brief statement on the devastation of climate change or the savagery of unequal access to the most basic of services and the tragic consequences that await us...
ESG – A Global Issue?
The role of the investment industry is key to changing ESG matters, however the processes involved are complex and have far reaching effects. “Environmental”, “Social” and “Governance” – three words that investors hear more and more often, and with good reason. Together they define the attitude towards the broader impact on society when...
Millennials aren’t saving enough for retirement – now what?
Millennials represent 50% of existing pension funds’ membership base, yet they make up a mere 5% of retirement fund trustees. This statistic from the Sanlam Benchmark Survey 2018 is indicative of why millennials commonly feel disengaged from the retirement planning process and overlooked by the retirement industry. Millennials have a different set...
