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Fund geography
Emerging countries (256) / Africa (127) / Southern Africa (12) / South Africa (6)
The Fund have their primary operations based in South Africa and will invest in the following selected sectors:
1. education
2. healthcare
3. digital inclusion
4. green economy
Asset class
Fund status
Fund style
Financial description
n.a.
7 years
of track record
2017
the year funded
450,000,000 ZAR
AUM
Interested in this fund?
Log in or create an account to request more information.
Gain a deeper and comprehensive understanding of how this fund generates positive impact in the themes and SDGs that matter to you, with insights provided by our dedicated team of expert analysts, and receive notifications about new available impact products, exciting investment opportunities, and relevant updates in the world of impact investing.
Asset manager
SDG goals
SDG targets
Equal rights to ownership basic services technology and economic resources
Ensure public access to information and protect fundamental freedoms
Universal access to sexual and reproductive care, family planning and education
Free primary and secondary education
Double the improvement in energy efficiency
Full employment and decent work with equal pay
Universal access to information and communications technology
Key performance indicators
Fund overview
Asset manager: Edge Growth
Product track record: Fund has 7 years of track record
Target IRR: 15%
Committed Capital: 0 ZAR (Rand)
Target return category: Below risk-adjusted market-rate of return
Fund domicile: South Africa
Product status: Open - no committed capital
Style/Stage: Growth Stage
Inception year: 2017
Vintage year: 2018
Target region: Africa, Emerging countries, South Africa, Southern Africa
Target close date: 01/10/2018
Product term: 10 year term
Assets under management: 450,000,000 ZAR (Rand)
Investment size: Min: 15,000,000; Max: 40,000,000; Avg: 30,000,000
Co-investment policy: LPs have priority, With LPs and non-LPs
Currency of investments: ZAR (Rand)
Currency for fund / product figures: ZAR (Rand)
Fund investments to date: 0
Fund investments to date exited or repaid: 0
Management fee: 2.3%
Carried interest: 20%
Hurdle rate: n.a.
GIIN Investors' Council Investment: No
Limited Partners / Investors: n.a.
Limited Partner / Investor Type: Development Finance Institution (DFI), Endowments/Foundations, Family Office, Pension Funds, Other Institutional Investors
Contact
E-mail: n.a.
Phone number: 27100013715.00
If you wish to have your details removed from this database please email gdpr@impactyield.com
Janice Johnston
Partner
Richard Rose
Partner
Impact Performance
n.a.
Impact thesis
Addressing critical needs in education, healthcare, digital inclusion and the green economy.
Impact Management
n.a.