Dynamic Opportunities SA

Overview
Investment highlights
Investment team

fund overview

Westbrooke Dynamic Opportunities SA is a hybrid capital platform positioned to take advantage of the dislocation in the availability of capital to the South African lower-middle market.

This dislocation has been driven by a significant reduction in lending activity by the traditional sources of finance, leaving companies in the lower-middle market with significant capital constraints.

This presents a unique opportunity for Westbrooke Dynamic Opportunities SA investors to earn equity-like returns whilst benefiting from debt-like risk mitigation.

Westbrooke’s SA Hybrid Capital investments are concluded on a deal-by-deal basis across the capital structure, ranging from higher-yielding secured investments to subordinated debt, accrued debt and structured equity. The strategy typically provides investors with an annual cash yield, as well as an equity upside / profit participation component.
key investment highlights

Attractive returns – target net IRR of 16% – 20% p.a. The return typically comprises of a contractual coupon and variable type equity warrant / profit share

Contractual liquidity – investments benefit from contractual repayment terms providing investors with real liquidity

Risk controlled – investments benefit from security and significant equity cushions

Tenor – typical investment term is 1 – 4 years

Market dislocation – limited appetite from traditional lenders to provide flexible funding to the lower-middle market

Track record – team with experience investing across the capital structure within diverse industries
investment team

The Westbrooke Dynamic Opportunities SA team is led by Jonti Osher and Brent Blankfield. The team leverages its expertise and market knowledge to deliver innovative, flexible investment solutions across the capital stack.

With a focus on tailoring opportunities to meet diverse business needs, the team seeks to identify and execute investments that create long term value. Their ability to operate across the capital stack allows them to provide bespoke solutions that work for both investors and the businesses they partner with.

Brent Blankfield

Jonti Osher

Eli Hodes