Absa Capital Private Equity Head Appointed to SAVCA Board

30 September 2008 Absa Capital Private Equity

Andre Pieterse (pictured), Managing Principal, Absa Capital Private Equity, has been appointed to the board of the South African Venture Capital Association (SAVCA). The decision was taken at the association's annual general meeting, which was recently held in Johannesburg.

Absa Capital Private Equity was most recently in the news when it announced it would buy the entire share capital of EnviroServ Holdings Limited, the JSE listed waste management group, in a private equity deal worth over R2bn.

The announcement remains the largest public to private transaction in the domestic market this year.

Commenting on his appointment, Andre Pieterse said: "SAVCA aims to play a meaningful role in the venture capital and private equity industry, and I intend to help facilitate this process through my appointment to the board."

Quick Polls


The shocking crime and motor vehicle accident statistics shared during a recent SHA presentation suggests that group personal accident and personal accident cover are a no-brainer. Do you agree?


Not sure
fanews magazine
FAnews April 2024 Get the latest issue of FAnews

This month's headlines

FAIS Ombud lashes broker for multiple compliance blunders
TCF… a regulatory misfit initiative?
The impact of NHI on medical malpractice insurance
Fixed versus variable: can you have your cake and eat it too?
The future world of work
Subscribe now