Our business
The Private Equity fund of Mavovo Capital leverages the existing Capitalworks investment strategies in primaries and secondaries to add value through carefully selected co-investments. This gives investors access to a multi-strategy private equity fund with a shallow J-curve effect, lower blind pool risk, but with top quartile returns and very competitive fees.
Mavovo’s private equity offering is a co-investment fund that is underpinned by investments in the primary private market strategies and the secondaries opportunities of the Capitalworks family. Our experienced team adds value by investing in independently assessed and lucrative co-investment opportunities that emanate exclusively from the mid-market PE, venture capital, and secondaries opportunities, and other private market strategies of the Capitalworks group.
Mavovo PE fund is a differentiated approach to generating high risk-adjusted returns and impact in the South African private equity space, which enables us to invest at scale, with agility and conviction and in a manner that overcomes the governance budgets of many institutional investors. Investors get exposure to the various sectors, including the financial services, consumer goods, healthcare, fintech, education and edtech, etc. but through a well-diversified structure.
The Real Assets fund of Mavovo focuses on core/core-plus to value-add equity strategies in healthcare real assets and related social infrastructure (i.e., education and housing with a healthcare angle) as well as digital infrastructure and logistics warehousing where the cash flows are contractual and long-dated. Clean energy and water efficiency strategies are implemented within each real asset.
Our real assets fund comprises direct investments in tangible, inflation-beating and long-dated assets in healthcare, digital ICT infrastructure, and other social infrastructure assets that leverage healthcare. Renewable energy investments through rooftop solar and O&M opportunities are also pursued.
The fund aims to generate consistent total returns (in ZAR) that exceed 15% net of fees, with a high income return component. The fund targets brownfield investment opportunities that have scope for value-add as well as greenfield real assets that are de-risked by offtake agreements with strong covenants.