Financing: Decorum Capital Partners

Contact details

Address: 37 Peter Place, Bryanston 2191
Telephone: 011 706-1442
Fax: 011 706-1593
E-mail: neilg@decorumsa.co.za
Website: www.newafricaminingfund.co.za

Fund details

Name of fund: New Africa Mining Fund
Size of fund: R563,7m
Nature of fund: Trust Fund
Funds invested to date at cost: R347m
Current portfolio size: R81m
Distributions to investors: R603m
Total number of private equity/ venture capital investments made to date: 11

Investment Preferences

Minimum investment: R5m
Maximum investment: R85m
Willing to syndicate: Yes
Average current investment size: R33m
Industry Preferences: Mining
Industry excluded: Uranium mining
Stage of investment: Early stage, development
All stages except: Pure asset funding
Minimum and Maximum equity usually taken: 20%/45%
Geographical Preferences: SA and the rest of Africa
Contacts: Neil Gardyne