Financing: HBD Venture Capital

Contact details

Address: PO Box 1159, Durbanville 7551
Telephone: 021 970-1000
Fax: 021 970-1001
E-mail: keet@hbd.com
Website: www.hbd.com

Fund details

Name of fund: HBD Fund2
Size of fund: R126m
Funds invested to date at cost: R126m
Current portfolio size: 7
Total number of private equity / venture capital investments made to date: 17

Investment Preferences

Minimum investment: R10m
Maximum investment: R25m
Willing to syndicate: Yes
Average current investment size: R18m
Industry Preferences: None
Industry excluded: Agriculture, armaments, alcohol, financial services, gambling, insurance, mining,real estate, tobacco as well as any morally objectionable industries
Stage of investment: Early stage/expansion
All stages except: Seed capital
Minimum and Maximum equity usually taken: 25%/49%
Geographical Preferences: SA
Contacts: Eben van Heerden, Keet van Zyl