Public Investment Corporation

The Public Investment Corporation (PIC) is a government-owned investment management company based in Pretoria, South Africa, established in 1911. It exclusively serves the public sector, managing assets for various public bodies, including pension funds, social security funds, and development funds. The PIC employs a mix of internal and external fund managers to oversee its diverse investment portfolio, which includes global and African equities, bonds, cash, properties, and impact investments. As one of Africa's largest and most successful investment managers, the PIC operates similarly to private sector asset managers while being wholly owned by the South African government, ensuring that its operations remain aligned with public interests.

Santosh Lalloo

Fund Principal, Private Equity

Past deals in CEMEA

Karan Beef

Acquisition in 2018
Karan Beef (Pty) Ltd is a prominent producer and supplier of beef products based in City Deep, South Africa, where it was established in 1974. The company serves the South African meat industry by offering a diverse range of products, including boneless and bone-in beef, offals, and various cuts such as ribeye, rump, striploin, blade, brisket, and liver. Karan Beef is recognized for its commitment to high standards of productivity, hygiene, and maintenance, setting a benchmark for excellence within the local beef sector.

African Export-Import Bank

Venture Round in 2018
African Export-Import Bank is a multilateral financial institution established in 1993 to promote and facilitate trade among African countries and between Africa and the global marketplace. Headquartered in Cairo, Egypt, the Bank offers a range of financing programs, advisory services, and guarantee products aimed at enhancing intra- and extra-African trade. These services include short-term trade guarantees, working capital and supply chain finance solutions for small and medium-sized enterprises, and various bonding facilities for export contracts. The institution serves a diverse clientele, including governments, corporations, and financial institutions, providing additional services such as sovereign and corporate advisory, capital markets assistance, and trade information. With an authorized share capital of five billion US dollars, the Bank plays a crucial role in the development and diversification of trade across the continent.

ZAR X

Funding Round in 2018
ZAR X (Pty) Ltd operates a digital stock exchange platform that provides automated and electronic screen-based, derivatives, and Internet trading system. It develops technology to replace manual processes. ZAR X (Pty) Ltd was incorporated in 2015 and is based in Bryanston, South Africa.

SMILE Telecoms Holdings

Private Equity Round in 2015
Smile Telecoms Holdings Limited provides broadband Internet access and communication services throughout Africa, specifically targeting markets in Nigeria, Tanzania, Uganda, and the Democratic Republic of Congo. Established in 2007 and headquartered in Port Louis, Mauritius, the company offers mobile broadband Internet, as well as voice and messaging services via its long-term evolution broadband network. Additionally, it supplies WiFi routers, MiFi routers for multiple users, and USB dongles for individual users. The company serves a diverse customer base, including small and medium-sized enterprises, households, and individual users, while also focusing on enhancing Internet penetration in regions with low connectivity. With a potential customer base exceeding 300 million, Smile Telecoms is positioned to expand access to reliable mobile connections, particularly as smartphone usage continues to grow in its operational areas.

SMILE Telecoms Holdings

Debt Financing in 2015
Smile Telecoms Holdings Limited provides broadband Internet access and communication services throughout Africa, specifically targeting markets in Nigeria, Tanzania, Uganda, and the Democratic Republic of Congo. Established in 2007 and headquartered in Port Louis, Mauritius, the company offers mobile broadband Internet, as well as voice and messaging services via its long-term evolution broadband network. Additionally, it supplies WiFi routers, MiFi routers for multiple users, and USB dongles for individual users. The company serves a diverse customer base, including small and medium-sized enterprises, households, and individual users, while also focusing on enhancing Internet penetration in regions with low connectivity. With a potential customer base exceeding 300 million, Smile Telecoms is positioned to expand access to reliable mobile connections, particularly as smartphone usage continues to grow in its operational areas.

South Point

Acquisition in 2015
South Point Management Services (Pty) Ltd. is a prominent provider of student accommodation in South Africa, established in 2003 to address the high demand for quality housing. The company offers a range of living options, including studio, bachelor, one-bedroom, two-bedroom, and penthouse apartments, all designed to create a conducive environment for students. With amenities such as restaurants, bars, lounges, and cultural activities, South Point aims to foster a vibrant community that emphasizes safety, cleanliness, and affordability. Over the years, South Point has grown significantly, positioning itself as a leading independent provider of student accommodation outside of universities. The company continues to focus on expanding its offerings while maintaining a commitment to delivering a unique and enriching experience for its residents.

Erin Energy

Post in 2014
Erin Energy Corporation is an independent exploration and production company that specializes in the acquisition and development of energy resources in Africa. The company holds a portfolio of licenses covering approximately 6,000 square kilometers in offshore Nigeria, offshore Ghana, and offshore The Gambia. Founded in 2005 and headquartered in Houston, Texas, Erin Energy was previously known as CAMAC Energy Inc. and rebranded in April 2015. The company faced financial challenges, filing for Chapter 11 bankruptcy in April 2018, which was later converted to Chapter 7 in July 2018. As a result, Erin Energy is no longer actively operating as a business entity.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.