Invest 12J

THE COMPLETE GUIDE TO SECTION 12J INVESTMENTS

Directory of SARS approved Section 12J Companies

The list below features Venture Capital Companies which offer Venture Capital Funds approved by SARS in terms of Section 12J of the Income Tax Act. This means an investment into a Section 12J Compliant Venture Capital Fund provided by the companies below will be fully tax deductible.

Note - if there is no Find Out More link for the company, it means they have not responded to our request for more information. Some companies have requested to be omitted from the directory, they are listed at the bottom of the directory.

1

NESA VENTURE CAPITAL INVESTMENTS

Nesa Capital is an independent credit manager focused on promoting inclusive growth in Southern Africa to create impact. As such, all investment offerings by Nesa Capital provide its investors with financial as well as measurable social returns.. Nesa Capital currently manages Nesa Venture Capital Investments, an approved VCC with a focus on investing in a portfolio of asset-backed renewable energy projects across South Africa.

Fees


2% + 20% of profits
Minimum Investment

R150k
2

OPTOMISE

Optomise VCC is a Venture Capital Company (VCC) which offers bespoke solutions to investors wishing to obtain the benefits of S12J.

Fees


Dependent on structure and value of investment
Minimum Investment

R3mil
3

THE BROADREACH

Broadreach focuses on medium sized private equity transactions and sector-specific Section 12J compliant investment vehicles.

Fees


2% + Performance Fee 10%
Minimum Investment

R1mil (neg)
4

FAIRTREE CAPITAL HOSPITALITY

Fairtree Capital Hospitality focusses on leveraged acquisitions of a diversified portfolio of hospitality properties with positive cash flows and significant capital appreciation potential which are positioned to benefit from the growth in the South African tourism industry.

Fees


1% + Performance Fee 20%
Minimum Investment

R500k
5

ANUVA INVESTMENTS

Anuva is focussed on acquiring strategic investments in owner managed businesses which will benefit not only from an investment of our financial capital, but also our several years of experience and success in management interventions to enhance and improve the financial stability and performance of SMME's.

Fees


2% + 20% of profits
Minimum Investment

R100k (upfront or in monthly installments)
6

SANARI GROWTH PARTNERS

Sanari Growth Partners is a private equity fund that offers investors access to a diversified portfolio of high- and stable- growth private investments and additional 12J tax benefits. With top tier investment experience and relevant entrepreneurial backgrounds, the Sanari team unlocks significant value in its investments.

Fees


2% + 20% of profits.
Minimum Investment

R1 million per investor. The Fund Board may in its discretion accept lesser amounts.
7

LUCID VENTURES

Lucid was founded by former Kulula.com and Discovery CEO- Gidon Novick. Our other founders include Alon Apteker, founder of Internet Solutions, Cura Software and Akeso Hospitals and Leor Attie, Internet solutions and Saicom.

Fees


1.5%
Minimum Investment

R2.5mil
8

KNIFE CAPITAL

By leveraging Knowledge, Networks & Funding, KNF Ventures accelerates the growth of South African innovation-driven SMEs and generates enhanced returns for investors. Targeted IRR: 40%. KNF is managed by Knife Capital – a leading Southern African venture capital firm focusing on technology-enabled ventures.

Fees


2.5% + 20% of profits
Minimum Investment

R1mil
9

TITANIUM VC 1

Ti1 takes an innovative approach to alternative clean-energy solutions. We believe that ‘where there is energy, there is growth.’ Investing in people, know-how and proven technology that will make energy cheap, plentiful and reliable. Although we pursue high returns akin to the venture capital world, our projects are selected on a low-risk basis. Collectively our team has decades of experience in the various aspects of energy, from innovation, financing, engineering, execution and successful delivery.

Fees


3.0% Once Off
Minimum Investment

R1Mil
10

ITO CAPITAL

Itô Capital​ (pty) LTD​ is a leading Venture Capital Company (VCC) and Financial Services Provider (FSP), specializing in delivering high returns from the Education & Hospitality sectors while limiting shareholders exposure to market and operational risks.

Fees


1.75% + Performance Fee 20% (only when hurdles are met)
Minimum Investment

R1mil
11

GROWTH GRID

Growth Grid Venture Capital Partners (Pty) Ltd. (GGVCP) is a registered venture capital company (VCC) for purposes of section 12J of the Income Tax Act.

Fees


<2%
Minimum Investment

R500k
12

GROVEST

Grovest was the first company in South Africa to comply with Section 12J regulation.

Fees


*
Minimum Investment

*
13

CARBIDE VC 1

Carbide aims to identify and invest in a diversified portfolio of small to medium size companies

Fees


*
Minimum Investment

*
14

SMART CAPITAL

We have spent numerous years studying the solutions for increasing the success rate of SME’s.

Fees


*
Minimum Investment

*
15

FAIRTREE CAPITAL

Adhering to a sound investment philosophy has seen Fairtree Capital deliver long-term performance that has served our clients well

Fees


*
Minimum Investment

*
16

I-CUBED CAPITAL

We acquire equity in companies that demonstrate profitability, growth potential and whom have partly or wholly invested own capital in their businesses.

Fees


*
Minimum Investment

*
17

KINGSON CAPITAL

We provide venture capital for companies and strategize their route to market dominance.

Fees


*
Minimum Investment

*
18

PALLIDUS VENTURE CAPITAL FUND 1

Founded in 2015 by four investment banking professionals with a combined investment banking experience in excess of 40 years.

Fees


*
Minimum Investment

*
19

KIGENI HOLDINGS

Specializing in infrastructure funding and related activities in Africa

Fees


*
Minimum Investment

*
20

SIGNATURE CAPITAL

DS Capital (Pty) Ltd trading as Signature Capital is a company registered in the Republic of South Africa and based in Johannesburg.

Fees


*
Minimum Investment

*
21

KZN VENTURE CAPITAL FUND

Fees


-
Minimum Investment

-
22

IRIDIUM PRIVATE EQUITY

Fees


-
Minimum Investment

-
23

AGIS CAPITAL

Fees


-
Minimum Investment

-
24

HC 100

Fees


-
Minimum Investment

-
25

OAKTREE CAPITAL

Fees


-
Minimum Investment

-
26

LORNAZEST

Fees


-
Minimum Investment

-
27

OBELUS

Fees


-
Minimum Investment

-
28

AURIK

Fees


-
Minimum Investment

-
29

ENERGIA VC1

Fees


-
Minimum Investment

-


The following companies declined to provide information:
- The Open Window
- Gateway Capital
- Engeli
- Leaf Capital
- Westbrooke Capital Management