At Webber Wentzel, Ashford Nyatsumba leads the investment funds practice, which operates from within the firm’s wider private equity group, led by Nicole Paige. Nyatsumba is sought after by asset managers and private equity firms for his expertise in the formation of Africa-focused private equity funds across a range of sectors. Paige has an excellent track record in advising on secondary fund transactions and the formation of alternative investment funds. Michael Denenga is another key contact, and Chevon Marupen, Alyssa Smith and Rohan Baijnath are other key names for fund formation work.
Investment funds in South Africa
Webber Wentzel
Praxisleiter:
Nicole Paige; Ashford Nyatsumba
Weitere Kernanwälte:
Chevon Marupen; Michael Denenga; Rohan Baijnath; Alyssa Smith
Referenzen
‘Great diversity in the team, with good experience and visibility across investment fund structures. ’
‘Familiarity with private equity fund structures and terms.’
‘Ashford Nyatsumba is an expert in his field.’
Kernmandanten
African Infrastructure Investment Managers (AIIM)
Ethos Private Equity
Alterra Capital Partners
Vantage Mezzanine Partners
Pembani Remgro Investment Managers
Convergence Investment Partners
Old Mutual Private Equity
Capitalworks Investment Partners
Stanlib Asset Management
ARCH Emerging Markets Limited
Betula Growth Limited
Carlyle Group
TRG (Rohatyn Group)
Highlight-Mandate
- Acted for asset management firm Ethos Private Equity in its merger with the Rohatyn Group, a specialised global asset management firm focusing on emerging markets.
Bowmans
Bowmans’ investment fund group acts from within the firm’s private equity practice, and is well known for assisting an established client base of limited partners and private equity houses with high-value, often cross-border fund structuring and formation matters. Private equity specialist John Bellew leads the team and is highly regarded for advising private equity industry stakeholders within multiple African countries. Jutami Augustyn is well-versed in representing South African funds and private equity houses in transactions, and Joshua Janks specialises in venture capital mandates.
Praxisleiter:
John Bellew
Weitere Kernanwälte:
Joshua Janks; Jutami Augustyn
Referenzen
‘Very deep and knowledgeable team on alternative assets.’
‘Depth of knowledge and experience.’
‘Jutami Augustyn and her team provide a really excellent service – always available, quick responses and quality advice.’
Kernmandanten
Absa Bank Group Limited
Adenia Partners Limited
AlphaTalents Limited
Big Brother
Climate Fund Managers
Enza Capital II LP
Everstrong Capital
Frontend Ventures
Grit Services Limited
International Housing Solutions
LR Africa Holdings Limited
Ninety-One SA Pty Limited
SA SME Fund Limited
The SA SME Fund of VC Funds I
Sanari Capital (Pty) Ltd
SOIC Community Development Trust
TLCom Capital LLP
4D Innovative Capital (Pty) Ltd
A large South African Retirement Fund
Highlight-Mandate
- Advising Climate Fund Managers on the establishment of a green hydrogen investment fund in Namibia, as well as in relation to its broader global funds.
- Advising SA SME Limited on the formation of its R1 billion venture capital fund of funds.
- Advised Sanari Capital Proprietary Limited on the establishment and subsequent closings of the Sanari 3S Growth Fund and the investments by 27four Black Business Growth Fund II Partnership, various Riscura managed investors and the National Fund of Municipal Workers.
Cliffe Dekker Hofmeyr
At Cliffe Dekker Hofmeyr, the investment funds team has established strength in advising managers and investors on fund formation, investments, structuring matters and regulatory issues. Department head John Gillmer is ‘a highly experienced attorney who offers efficient, pragmatic and legally sound advice; he is always available and an effective communicator.’ Gillmer has a solid track record in assisting international and domestic financial institutions with the formation of investment funds, which is also a key area of expertise for Wayne Murray. Structuring mandates are prominent in Nuhaa Amardien‘s workload.
Praxisleiter:
John Gillmer
Weitere Kernanwälte:
Wayne Murray; Nuhaa Amardien
Referenzen
‘The team demonstrates a robust understanding of the investment fund industry, consistently devising innovative solutions for intricate problems. Their responsiveness is remarkable, as they are consistently available for discussions. They promptly grasp the issue at hand and display a proactive approach in identifying the most suitable and customized solutions.’
‘John Gillmer undoubtedly exemplifies expertise in this field, showcasing exceptional efficiency in his work. He successfully assembled a highly skilled and professional team. Similarly, Nuhaa Amardien possesses profound knowledge and a strong grasp of the intricacies within the fund’s industry, effortlessly comprehending its challenges and nuances.’
‘Deep knowledge of private equity structures.’
Kernmandanten
27four Investment Managers
Novare Equity Partners
PIC
PAPE
Old Mutual (IDEAS Fund)
Coronation Fund Managers
Nesa Capital
CoreShares
ASO Capital
Ascension Capital Partners
Aleyo Capital
Ditikeni Investment Company
Vunani Capital Partners
Mergence Investment Managers
Alexander Forbes
Metier Private Equity
Industrial Development Corporation of SA
Leapfrog Investments Holdings
RMB Ventures
AIH Capital
Visio Fund Management
Agrarius Agri Value Chain and Agrarius Sustainability Engineered
Education Investment Impact Fund of South Africa (EduFund)
Futuregrowth Asset Management
Investec Wealth & Investments International
Investec Bank (UK)
Marriott Asset Management
NAGA Global
Africa50 Infrastructure Acceleration Fund I
Amethis Investment Fund Manager
Dominion Fund Management
ENSafrica
Head of banking and finance Craig Saven leads the investment fund practice at ENSafrica; the practice leverages the expertise of the corporate and tax departments, as well as the banking and finance group, to advise on a broad range of funds work. Johan Loubser has a solid track record in assisting with fund formation and regulatory matters, particularly venture capital and private equity funds, and advises managers, pension funds, collective investment schemes and hedge funds on regulatory issues. Alternative investment structures are a key area of strength for Jessica Blumenthal, Magda Snyckers specialises in tax issues, and Cheri Young advises on private equity and registered investment funds.
Praxisleiter:
Craig Saven
Weitere Kernanwälte:
Johan Loubser; Jessica Blumenthal; Magda Snyckers; Cheri Young
Referenzen
‘The technical expertise of the asset management and investment funds practice at ENSafrica is exceptionally strong. The team’s broad knowledge of insurance, collective investment schemes and financial services regulation is unparalleled and is particularly unique given the team’s detailed understanding of how these structures operate in practice.’
‘Johan Loubser is a standout adviser in the financial services sector – his advice is always well reasoned and technically sound, but it is also shaped by a solid understanding of the practical industry realities.’
Werksmans Attorneys
Werksmans Attorneys’ investment funds team, headed by Shayne Krige, is well versed in advising on a broad spectrum of investment funds work, including private equity and hedge fund mandates, as well as their interactions with the pensions industry. The department has particular strength in acting for investors, and has a solid track record in assisting with contentious matters. Robert Driman advises on the regulatory aspects of investment funds, and Doelie Lessing handles tax-related issues. Hilah Laskov and Mbongiseni Hlongwana have key roles in the team.
Praxisleiter:
Shayne Krige
Weitere Kernanwälte:
Doelie Lessing; Robert Driman; Hilah Laskov; Mbongiseni Hlongwana
Referenzen
‘Highly commercial and practical advice. The team is responsive and demonstrates strong technical knowledge.’
‘Shayne Krige has a wealth of knowledge and expertise.’
Kernmandanten
Stonewood Holdings Limited (Mauritius, Guernsey)
Barak Fund Management Limited (Cayman Islands, South Africa)
Botswana Public Officers Pension Fund (Botswana)
Standard Bank (South Africa)
Citadel (South Africa)
CNBB Venture Partners (Netherlands)
Cosnova Beauty GmbH (Germany)
Havaic Holdings (South Africa)
Arx Pangaia (Netherlands, Switzerland, South Africa)
Ngewdi Investment Managers (South Africa)
Prescient (South Africa)
King Price Insurance (South Africa)
Mergon (Isle of Man)
Sana Partners Private Equity (South Africa)
Kapela Investments Holdings Proprietary Limited (South Africa)
First National Bank a division of FirstRand Bank Limited (South Africa)
King & Wood Mallesons LLP
Simple. Capital Partners Limited
Vrystaat Munisipale Pensioenfonds
M Campbell Consulting Proprietary Limited
Cape Projects Structured Development and Investment Proprietary Limited
Flash Mobile Vending Proprietary Limited
Public Investment Corporation
Strebis Proprietary Limited (South Africa)
Transnet Retirement Fund
Tongaat Hulett Limited
Highlight-Mandate
- Advising the Public Investment Corporation on preparing standard investment management agreements for the appointment of domestic and foreign external investment managers.
- Acted for the curator of the Vrystaat Munisipale Pensioenfonds (Fund) and the Fund itself in complex litigation arising from an investigation by the Financial Sector Conduct Authority, concerning alleged financial and operational irregularities occurring at the fund.