Khulisa Investment Partners Seeks To Connect Young Entrepreneurs With Business Leaders
Khulisa Investment Partners Seeks To Connect Young Entrepreneurs With Business Leaders. Khulisa Investment Partners gives companies access to a vast network of seasoned business leaders with a proven track record and countless years of expertise and experience. It leverages the collective wisdom, experience and relationships of its Associate Network in its unique, systematic investment approach. Its commitment to investee companies goes beyond investment as it provides market leading post investment support and expertise which ensures that investee companies reach strategic and operational goals. This provides management teams with access to an unparalleled network of collective wisdom to drive growth and impact.
The private equity enabler founded by Dr Phumla Mnganga, Malcolm Rutherford and Chris Lister-James enables clients to build their bespoke portfolios in the private equity asset class. Khulisa exists to make a difference to the South African economy by providing funding to businesses typically underserved by financial institutions and by facilitating a transfer of wisdom to the next generation of business leaders in the country.
Its Associate Network of seasoned successful business leaders helps foster the transfer of knowledge between generations. The unique feature of its business model is the structured involvement of its seasoned network of associate investors in the investment process including sourcing deal pipeline, due diligence, ongoing governance and mentorship of portfolio companies. After making an investment, it seeks to offer advice, wisdom and experience to the management of its portfolio companies.
The company is focused on funding companies in the “missing middle”. Seasoned high net worth individuals back their investment decisions with up to 10% co-investment. It is focused on impact investment and addressing the UN Sustainable Development Goals. It is creating maximum value, through both financial and social impact, from each investment. The company is majority black-owned (51% African; 30% African female; 45% Youth owned).
“Khulisa has identified the two largest bottlenecks faced by growing SME’s: the first being access to strategic and governance skills and the second, access to finance. Our solution was to establish Khulisa to address this conundrum and, by so doing, also contribute positively to our own future,” Dr Mnganga, founder of Khulisa told Tech Financials.
“In addition to harnessing the collective wisdom that exists in past and present business leaders and applying this to selected SME’s, Khulisa’s various funds will raise approximately R750 million from institutional funders to invest in SME’s operating in sectors such as engineering, manufacturing, healthcare, and FinTech. Under the watchful eye of a vast network of associates and fellow business professionals, we will apply these funds to businesses that play a positive role in tomorrow’s South Africa.” Mnganga added.
