[SPONSORED] 'Growthequity lies somewhere at the intersection between venturecapital and privateequity, carrying elements of both and ultimately offering the best of both worlds.' NedbankCIB Moneyweb TakeYourMoneySeriously
JEANETTE CLARK: Nedbank Private Equity has been investing in a broad range of companies in South Africa for the past 25 years. In its portfolio of investments you will find companies such as Entersekt, Tracker and Q Link, or past investments in retail and consumer goods companies such as Sportsmans Warehouse and Outdoor Warehouse.
So if we look from a global perspective, growth equity has become one of the fastest-growing segments of the private-equity industry, and it certainly is a segment that we are paying very close attention to. Second was the sector in which they focus. People are increasingly transacting digitally, using either PCs or mobile devices, and there’s a need to make the digital world a safer place while also making it easy for the customer to transact. So where we stand today … the business is currently securing in excess of one billion transactions per month.
AMIR REGEV: We’ve been invested in the business since 2013 and over the subsequent years the business has conducted multiple capital raises. That’s both been from existing shareholders as well as new ones. That was really to enable the business to continue expanding its product-innovation roadmap and accelerating international growth.
And then, finally, I believe one of the key aspects is really allowing sufficient time to enable management to execute on that vision. Fortunately we, as Nedbank Private Equity, are an on-balance-sheet investor, which enables flexibility in terms of our investment-holding period, where we don’t have the pressure to exit an investment after a five- to seven-year period as a third-party fund would.
We also always look to promote partnership and collaboration among our portfolio companies, as well as within our wider networks.