Private equity and venture capital in South Africa: A comparison of project financing decisions
South African Journal of Economic and Management Sciences
| Field | Value | |
| Title | Private equity and venture capital in South Africa: A comparison of project financing decisions | |
| Creator | Portmann, David Mlambo, Chipo | |
| Description | This paper investigates the manner in which private equity and venture capital firms in South Africa assess investment opportunities. The analysis was facilitated using a survey containing both Likert-scale and open-ended questions. The key findings show that both private equity and venture capital firms rate the entrepreneur or management team higher than any other criterion or consideration. Private equity firms, however, emphasise financial criteria more than venture capitalists do. There is also an observable shift in the investment activities away from start-up funding, towards later-stage deals. Risk appetite has also declined post the financial crisis. | |
| Publisher | AOSIS Publishing | |
| Date | 2013-09-02 | |
| Identifier | 10.4102/sajems.v16i3.354 | |
| Source | South African Journal of Economic and Management Sciences; Vol 16, No 3 (2013); 258-278 2222-3436 1015-8812 | |
| Language | eng | |
| Relation |
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:
https://sajems.org/index.php/sajems/article/view/354/251
https://sajems.org/index.php/sajems/article/downloadSuppFile/354/103
https://sajems.org/index.php/sajems/article/downloadSuppFile/354/104
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