Sanlam

2022 - 5 - 10

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Image courtesy of "MyBroadband"

Sanlam sells Metrofibre stake (MyBroadband)

Sanlam Private Equity announced that it has successfully negotiated the sale of its stake in Metrofibre Networx. The deal is one of three private equity ...

AIIM would acquire its stake from Sanlam Private Equity, African Rainbow Capital, and a minority shareholder. “Now that we are emerging from the pandemic, we are seeing a resurgence in investment activity in private markets,” said Sanlam Private Equity head John Seymour. Sanlam Private Equity announced that it has successfully negotiated the sale of its stake in Metrofibre Networx.

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Eskom pensions appoint Sanlam to run its new small business fund (Business Day)

The Eskom Pension and Provident Fund (EPPF) has launched a debt fund for small to medium-sized enterprises (SMEs) and has appointed Sanlam Investments to ...

The debt fund aims to help SMEs with high growth potential by raising capital from investors, which will then be used to disburse loans priced at no higher than the prime interest rate. However, loans will have an “equity upside” that will provide investors with an additional yield of 5%, over and above the prime rate, once the loan is fully repaid through an agreement that will allow the fund to get access to a share of the profits of participating SMEs... The Eskom Pension and Provident Fund (EPPF) has launched a debt fund for small to medium-sized enterprises (SMEs) and has appointed Sanlam Investments to manage it.

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EPPF launches debt fund for SA SMEs, appoints Sanlam ... (Africa Global Funds)

The Eskom Pension and Provident Fund (EPPF) has launched the South African SME Debt Fund, a debt fund designed for South African Small Medium Enterprises ...

By offering them the kind of support they truly need right now, we can ensure a better future for our whole country," he said. We believe their deep understanding of the local SME sector will be instrumental in growing this endeavour,” he said. “We need to reduce our reliance on imports, spur the growth of the economy and ensure food security for all. With South Africa’s current unemployment rate at 35.3% in the fourth quarter of 2021, we need to do better collectively as a nation,” said Abrahams. In line with the EPPF’s purpose to help prepare our members – and the South African economy at large – for a better financial future, we are pleased to launch this debt fund to assist SMEs,” said Shafeeq Abrahams, Chief Executive and Principal Officer at the EPPF. “ “The EPPF recognises that it operates within an environment with many social challenges.

Sanlam PE exits three investments (Private Equity Wire)

Sanlam Private Equity (SPE) has successfully negotiated the sale of three private equity investments in the past 12 months, with expected sale proceeds ...

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Sanlam PE exits three investments (Private Equity Wire)

Sanlam Private Equity (SPE) has successfully negotiated the sale of three private equity investments in the past 12 months, with expected sale proceeds ...

Sanlam, Allianz fuse to create African insurance giant - New Telegraph (New Telegraph Newspaper)

Sanlam, the largest nonbanking financial services company in Africa, and Allianz, one of the world's leading insurers and asset managers with a century of ...

The combined operations of Sanlam and Allianz will create a premier Pan-African nonbanking financial services entity, operating in 29 countries across the continent. The joint venture will create value for all stakeholders through greater economies of scale, broader geographic presence, larger combined market share, and a more diversified product offering. This combination means that customers across Africa will benefit from the expertise and financial strength of two respected and well-known brands.

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