Summary of Proposed Investment
Project Number
24211
Company Name
Brait IV LP
Date SPI Disclosed
Nov 10, 2005
Country
Africa Region
Industry
other
Projected Board Date
Dec 22, 2005
Status
Completed
Sector
Private Equity/Venture Cap Fund - Regional
Department
Equity Portfolio Management
Environmental Category
FI
Previous Events
Approved : Mar 30, 2006
Signed : Oct 26, 2006
Invested : Dec 11, 2006
Project Description
Brait IV, L.P. (Brait IV or the Fund) is a private equity fund formed by Brait SA (Brait) and managed by Brait Capital Partners Limited (the Manager) with a target size of approximately $525 million which will make privately negotiated equity and equity-related investments primarily in entities (whether private or publicly traded) having primary business activities principally in South Africa. The Fund’s primary objective is to achieve superior long-term capital appreciation through control investments (majority or significant minority) in a portfolio of commercial and industrial companies. Target industries will include, but not be limited to, consumer products and services, healthcare, manufacturing, media and communications, and resources. It is expected that Brait will continue to seek out Black Economic Empowerment (BEE) related opportunities which meet the investment and return criteria of Brait IV.
Sponsor / Cost / Location
Development Impact
Related ESRS/ERS
Contacts
For Inquiries About the Project, Contact
John Gnoddem
Principal, Brait SA
9 Fricker Road, Illovo Boulevard, Illovo, Sandton
South Africa
Telephone: +27 (11) 507-1000
Fax: +27 (11) 507-1001
Email: JGnodde@brait.com
Address :
Principal, Brait SA
9 Fricker Road, Illovo Boulevard, Illovo, Sandton
South Africa
Telephone: +27 (11) 507-1000
Fax: +27 (11) 507-1001
Email: JGnodde@brait.com
Address :