In 2007, three South African family offices joined forces and started their own private equity investment company.
During the past 10 years, we have made a host of investments in the agricultural, infrastructure, renewable energy, financial services, mining exploration and other sectors. These entities have operations focused mainly inside South Africa and require growth capital to expand. Through a number of successful initiatives, we have managed to achieve a growth rate on our own capital invested in excess of 50% per annum.
GAIA Private Equity is our fund management company, dedicated to raising capital to feed the healthy pipe-line of transactions we have available and thereby offering third parties the opportunity to share in our success.
One of the main challenges to the economic growth of small and medium-sized businesses is access to equity funding. In 2009, SARS created a tax incentive through Section 12J of the Income Tax Act, 1962 to stimulate growth in the small business sector. Section 12J offers individuals, trusts and companies that are resident in South Africa, an attractive tax rebate on investments made through an approved Venture Capital Company ("VCC") approved under Section 12J. The tax rebate is up to 45% for individuals and trusts and 28% for companies.
Contact us to find out more about the investment product we have created, which will give you full exposure to these tax and investment benefits.
GAIA Private Equity (Pty) Ltd is a representative of GAIA Fund Managers (Pty) Ltd, an authorised FSP (no 46028).
GAIA Venture Capital (Pty) Ltd is an authorised FSP (no 48515).