TRANSACTION FUNDING

Investec Bank

Investec Bank Limited, acting through its Investec Private Bank division, approved an initial amount of R 300 million funding for Imbewu. The funding is utilised on a deal by deal basis to fund attractive investment opportunities that meet the investment guidelines. To date R100 million of this funding has been utilised.

 

Nedbank Limited

Nedbank Capital Private Equity has co-invested and funded Imbewu on three leveraged buy-out and growth acquisition transactions.

RMB Corvest

RMB Corvest entered into an equity capital funding joint venture to provide and co-invest with Imbewu on transactions that had been introduced by Imbewu. The equity capital funding of R 150 million will be utilised on a deal by deal basis on opportunities that meet the investment guidelines.