When it comes to the education sector on the JSE, South African investors have a very limited investment pool with Curro and AdvTech being the main investment opportunities in the sector. You can also indirectly participate through the RECM & Calibre preference share which has an 88% holding in College SA.
For those with a greater risk appetite, the latest investment from KNF Ventures is interesting. As background, KNF Ventures is a Section12J fund aiming to invest in high-growth, high-potential South African businesses. It’s other investments include:
- Ticketing firm Quicket
- Machine learning technology player Data Prophet
This week, KNF announced that it had made an investment in Education Technology (EdTech) business SkillUp Tutors which offers tutoring services. You are able to identify potential tutors in a variety of different fields and in a certain location and then book tutor sessions online.
SkillUp was recently picked for a legal incubation programme run by law-firm Webber Wentzel.
The growth of Section12J funds:
Section12J funds have exploded in South Africa over the last 3 years as they offer investors both a fantastic tax break (Between 28% and 45%) and access to potentially high-growth businesses. Typically these funds are administered by experts in the fields of Venture Capital, incubation or private equity.
These investments are typically for investors with higher appetite for risk and investors should engage a financial advisor before making any decisions.
If you would like more information on the KNF Ventures Fund, please either complete the form below or e-mail marc@decusatio.co.zaand we will connect you with the team.