Investment: Ex-GEPF officer starts new firm

Published Jan 29, 2015

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JOHN Oliphant, who left as the principal executive, of the Government Employees Pension Fund (GEPF) after a year-long suspension, has started Gaia Investment Partners to benefit from African infrastructure projects. His firm intended by March to complete R1.3 billion of funding for the renewable energy programme, with a “significant deal pipeline” for the rest of 2015, he said yesterday. Oliphant was suspended from the GEPF in October 2013 after allegations that he breached policy on payments to suppliers, according to a PwC report. A chairman of the disciplinary hearing found him guilty in October last year. Oliphant said yesterday that he had “decided to move on instead of engaging in an expensive legal process”. – Bloomberg

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