Pan-African Private Equity 1 Fund Managers (Pty) Ltd

Pan-African Private Equity 1 Fund Managers (Pty) Ltd is a private equity firm investing in mid-market companies across the African continent. The firm focuses on growth-oriented investments in mature, high-growth companies, excluding startups. Their investment strategy emphasizes active involvement in portfolio companies to drive value creation.

The firm manages two funds: Pan-African Private Equity Fund 1 (Pty) Ltd (PAPEF1) and Pan-African Private Equity Fund 2012 (PAPEF2012). PAPEF1, with a size of R250 million, is fully invested, while PAPEF2012, with a size of R300 million, is still investing. The funds have collectively invested R405 million to date, with a portfolio of 8 companies.

Investment sizes range from R20 million to R120 million, with the firm typically taking equity stakes between 25% and 80%. Geographically, the firm focuses on South Africa and sub-Saharan Africa, including countries such as Botswana, Lesotho, Namibia, Eswatini, Nigeria, Malawi, Mozambique, Angola, Zambia, and Brazil. Industry preferences include consumer, financial services, and clean energy industrials, with property investments excluded from their portfolio.