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Private Equity
nefcorp.co.za

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Funds

4

About NEF

The firm's role is to support broad-based Black Economic Empowerment (BB-BEE). It provides funds to black entrepreneurs and groups with the aim of facilitating access to finance in support of Broad-Based BEE in terms of government legislation. The investment activities are guided by an investment policy that seeks to ensure that investments create real economic empowerment for black people without deviating from sound economic principles.

NEF Headquarter Location

West Block, 187 Rivonia Road Morningside

Johannesburg, 2057,

South Africa

27 11 305 8000

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NEF Fund History

4 Fund Histories

NEF has 4 funds, including iMbewu Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

iMbewu Fund

Multi-Stage Venture Capital

1

uMnotho Fund

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$99M

10

Rural and Community Development Fund

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$99M

10

Strategic Projects Fund

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$99M

10

Closing Date

Fund

iMbewu Fund

uMnotho Fund

Rural and Community Development Fund

Strategic Projects Fund

Fund Type

Multi-Stage Venture Capital

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Status

Amount

$99M

$99M

$99M

Sources

1

10

10

10

NEF Team

1 Team Member

NEF has 1 team member, including current Chief Executive Officer, Philisiwe Buthelezi.

Name

Work History

Title

Status

Philisiwe Buthelezi

Chief Executive Officer

Current

Name

Philisiwe Buthelezi

Work History

Title

Chief Executive Officer

Status

Current

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