DURBAN - SAVCA has appointed four new directors to their board after their annual general meeting yesterday.
The Southern African Venture Capital and Private Equity Association which is a non profit organisation, represents 160 South African members that manage combined assets value of R170 billion.
The four new directors of the board are:
Juan Coetzer, the Head of Private Equity at Ashburton Fund Managers for the past three years joined Ashburton in 2011. Coetzer previously worked for First Rand Bank Limited as in the field of liquidity risk management.
Cathy Goddard who is the CEO of Firebird Fund Managers, was formerly a SAVCA board member. She also previously worked for Vuwa house a private equity investment company and was a Growth and Acquisition Finance Consultant.
Vusi Thembekwayo, CEO of MyGrowthFund, a venture capital fund built by entrepreneurs for entrepreneurs and he is the Managing Partner at Watermark Afrika Fund.
Keet van Zyl, Founding Partner of Knife Capital which is growth equity investor. He is also the CEO of KNF Ventures and has founded other companies like YueDilligence and Grindstone Accelerator.
According to SAVCA CEO Tanya van Lill, they felt it was important to continuously show the industry’s ability to be agile and adapt in the face of increasing market dynamism.
As the the organisation approaches their 20 year milestone, they are honoured to have people on their board that have industry experience.
- BUSINESS REPORT ONLINE