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Do South African private equity firms with portfolio companies in the rest of Africa have better returns than the Johannesburg Stock Exchange (JSE) Top 40 index companies with operations in the rest of Africa?
Mini Dissertation (MBA)--University of Pretoria, 2017.
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| Format: | Thesis |
| Language: | English |
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University of Pretoria
2018
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| _version_ | 1867613647488942080 |
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| access_status_str | Open Access |
| author2 | Soubeiga, Eric |
| author_browse | Soubeiga, Eric |
| author_facet | Soubeiga, Eric |
| collection | Thesis |
| dc_rights_str_mv | © 2018 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. |
| description | Mini Dissertation (MBA)--University of Pretoria, 2017. |
| format | Thesis |
| id | oai:repository.up.ac.za:2263/64852 |
| institution | University of Pretoria (South Africa) |
| language | English |
| last_indexed | 2026-06-10T12:39:28.478Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository |
| publishDate | 2018 |
| publishDateRange | 2018 |
| publishDateSort | 2018 |
| publisher | University of Pretoria |
| publisherStr | University of Pretoria |
| record_format | dspace |
| source_str | UPSpace — University of Pretoria Institutional Repository |
| spelling | oai:repository.up.ac.za:2263/64852 Do South African private equity firms with portfolio companies in the rest of Africa have better returns than the Johannesburg Stock Exchange (JSE) Top 40 index companies with operations in the rest of Africa? Soubeiga, Eric ichelp@gibs.co.za Hlongwa, Lungelo UCTD Mini Dissertation (MBA)--University of Pretoria, 2017. The performance of private equity companies compared to that of major stock exchange indices has been well researched internationally. Benchmarking the performance of private equity enables investors to build a compelling investment case for investing in this asset class, as a channel to diversify their portfolios. The issue of liquidity and higher fees associated with private equity when compared to other asset classes, is considered to be one of the main factors that reduce investor appetite for private equity. This study focuses on the performance of South African private equity firms with portfolio companies in the rest of Africa compared to that of JSE Top 40 companies with operations in the rest of Africa. The returns of the private equity firms are compared to those of the JSE companies over a ten-year period. Private equity firms are determined to have outperformed the JSE companies. An average return of 25.93% was achieved by private equity compared to the average return of 14.35% for JSE companies. These returns were calculated gross-of-fees for both groups therefore net-of-fees and adjusting for risk may alter the findings of this study. Gross-of-fees, private equity companies performed better than the JSE companies for the period reviewed. za2018 Gordon Institute of Business Science (GIBS) MBA Unrestricted 2018-05-11T09:02:38Z 2018-05-11T09:02:38Z 30-03-18 2017 Mini Dissertation Hlongwa, L 2017, Do South African private equity firms with portfolio companies in the rest of Africa have better returns than the Johannesburg Stock Exchange (JSE) Top 40 index companies with operations in the rest of Africa?, MBA Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/64852> http://hdl.handle.net/2263/64852 en © 2018 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria |
| spellingShingle | UCTD Do South African private equity firms with portfolio companies in the rest of Africa have better returns than the Johannesburg Stock Exchange (JSE) Top 40 index companies with operations in the rest of Africa? |
| title | Do South African private equity firms with portfolio companies in the rest of Africa have better returns than the Johannesburg Stock Exchange (JSE) Top 40 index companies with operations in the rest of Africa? |
| title_full | Do South African private equity firms with portfolio companies in the rest of Africa have better returns than the Johannesburg Stock Exchange (JSE) Top 40 index companies with operations in the rest of Africa? |
| title_fullStr | Do South African private equity firms with portfolio companies in the rest of Africa have better returns than the Johannesburg Stock Exchange (JSE) Top 40 index companies with operations in the rest of Africa? |
| title_full_unstemmed | Do South African private equity firms with portfolio companies in the rest of Africa have better returns than the Johannesburg Stock Exchange (JSE) Top 40 index companies with operations in the rest of Africa? |
| title_short | Do South African private equity firms with portfolio companies in the rest of Africa have better returns than the Johannesburg Stock Exchange (JSE) Top 40 index companies with operations in the rest of Africa? |
| title_sort | do south african private equity firms with portfolio companies in the rest of africa have better returns than the johannesburg stock exchange jse top 40 index companies with operations in the rest of africa |
| topic | UCTD |
| url | http://hdl.handle.net/2263/64852 |