VenFin
Encyclopedia
VenFin is an active private equity
Private equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....

 and venture capital
Venture capital
Venture capital is financial capital provided to early-stage, high-potential, high risk, growth startup companies. The venture capital fund makes money by owning equity in the companies it invests in, which usually have a novel technology or business model in high technology industries, such as...

 investor focusing on high growth investment opportunities. The company has assets in excess of $1.1 billion spanning the telecommunications, software, energy and media sectors. VenFin also has selected fund and direct investments in China
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...

.

Prior to 1 January 2006, VenFin was listed on the JSE Securities Exchange (JSE) with its largest investment being a 15% stake in Vodacom Group (Pty) Ltd, South Africa
South Africa
The Republic of South Africa is a country in southern Africa. Located at the southern tip of Africa, it is divided into nine provinces, with of coastline on the Atlantic and Indian oceans...

’s largest mobile network operator. The group subsequently disposed of the Vodacom
Vodacom
Vodacom is a pan-African mobile telecommunications company, and was the 1st cellular network in South Africa. It provides GSM service to more than 35 million customers in South Africa, Tanzania, Lesotho, Mozambique and the Democratic Republic of the Congo. Revenue for the year ended 31 March 2008...

 investment to Vodafone
Vodafone
Vodafone Group Plc is a global telecommunications company headquartered in London, United Kingdom. It is the world's largest mobile telecommunications company measured by revenues and the world's second-largest measured by subscribers , with around 341 million proportionate subscribers as of...

 plc, and delisted from the JSE. More recently, VenFin disposed of its 25% stake in Alexander Forbes
Alexander Forbes
Alexander Forbes was a 19th century Scottish merchant, explorer, and author. His book California: A History of Upper and Lower California, published in 1839, is perhaps the first full account in English of California. He is the brother of distinguished Scottish physician Sir John Forbes.Forbes...

, a leading insurance broker and financial services company, for just under $300 million. VenFin’s largest investments today are in global systems integrator Dimension Data
Dimension Data
Dimension Data Holdings is a South African company specializing in information technology services, with operations in Europe, Asia, Australia, the Americas and the Middle East & Africa.In 2010, the company was fully acquired by Nippon Telegraph and Telephone....

plc, free to air television broadcaster e.tv and vehicle tracking provider Tracker. The company is actively making new investments across a number of sectors, including media, telecommunications, technology and renewable and alternate energy.
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