Explored all your avenues?
Mining companies have become highly profitable due to the current metal prices. This has sparked interest as private equity investors see these stable rates generating stable cash flows. Private equity investors have traditionally avoided the volatile mining industry but are expected to enter into the sector in the year ahead.
"Hein Boegman, a director in PWC's mining division, said that private equity had not been as active in the mining sector as hedge fund in the past, but that low levels of debt were making mining firms targets for private-equity deals."
During a study of the worlds 40 largest mining companies, conducted by PWC (Mine Riding the wave report), it was established that the ratio of debt compared to equity capital was at 15.2% This figure is possible reason why private equity investors are considering targeting numerous large mining companies including the leading diversified miner, BHP Biliton.
- Information courtesy of Business Day, June 2007
The private equity market is evolving and private equity investors are exploring new avenues. Is mining one of them? How do you gauge the right opportunity?
Private Equity World Africa 2007 is the private equity conference where these questions can be addressed. The conference not only offers you the opportunity to listen to global and local industry experts but gives you the chance to ask questions, network with your peers and get privileged insight into the latest deals being done in the private equity space.
Some of the featured speakers include:
* John Gripton, Managing Director, Head of Investment Management Europe, Capital Dynamics, United Kingdom
* Malcolm Segal, Executive Director Head of Private Equity, Sasfin
* Ivan Missankov, Manager: Momentum Private Equity Fund of Funds, Momentum
* Derrick Msibi, Executive Director, Old Mutual Investment Group
* Wellington Chadehumbe, Chief Executive Officer, Triumph Venture Capital
* Panos Voutyritsas, Vice President, Kingdom Zephyr Africa Management
* Noah Greenhill, Senior General Manager: Marketing and Business Development, Johannesburg Stock Exchange
Benefit from attending:
* Gain industry intelligence and learn about fund management strategies from the experts
* Be part of the debate on the future of private equity in South Africa
* Benchmark your fundraising and deal selection performance against that of your competitors
* Understand the needs of different investor profiles in this asset class
* Evaluate deals and pricing where to invest locally and offshore
* Network with leading international and local industry players and investors
Register for the conference running from 18 20 July 2007 at the Sandton Convention Centre. Visit www.terrapinn.com/2007/peza to learn more about this exciting event!
