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Awande Investment Managers

Awande Investment Managers (“Awande”) is an unlisted independent black-owned and black-managed investment and private equity fund manager, established and managed in accordance with the private equity criteria specified in the codes of Broad-Based Black Economic Empowerment (BBBEE).

Awande’s objective is to create superior returns for investors and unlock value for investee companies, in full support of the development of black industrialists in South Africa. It seeks to invest at least 51% of its funds under management in companies that have at least a 25% direct black shareholding, in accordance with the timetable contemplated in the Codes.

For more information on Awande, please see the company overview.