Q1 2022 - (released May 2022)
SA's quarterly Private Equity & Venture Capital magazine
The South African Venture Capital and Private Equity Association says goodbye to its CEO, Tanya van Lille, after five years of serving the industry association.
Tanya has come to be highly regarded in the industry for the tremendous work she has done in growing public awareness of the asset class, promoting its use amongst pension funds, and expanding its presence among women and managers of blackowned funds.
“I will be working closely with the board to appoint a new CEO and will do all that I can to facilitate a smooth transition. My
exceptional team will continue to provide strong support and will further ensure the seamless integration of the appointed CEO into the SAVCA fold.”
Tiger Brands is betting on Africa’s plant protein market, which is projected to grow at a compound annual growth rate of 6.5% to US$560,62m by 2023. The food and beverage group has invested in Herbivore Earthfoods via its venture capital fund for an undisclosed amount, and says the deal is closely aligned with its health and nutrition strategy. Barati Mahloele, venture
capital fund director of Tiger Brands, told Michael Avery in an interview on Business Day TV that the legacy brand company had realised that it had lagged on innovation, and that the Fund was its answer to turning that around.