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Background CuraFin Management Company (Pty) Ltd (“CuraFin”) is a company that creates, delivers and manages Owner-Driver Programmes using fleet and…

London (8 October 2019): Westbrooke Alternative Asset Management UK Limited (“Westbrooke”) are pleased to announce the closing of a senior debt facility (the “Facility”) to Tech 21 UK Limited (“Tech21”).

CAPE TOWN – “Given the protracted political and economic uncertainty in South Africa, many high net worth investors are looking to move 50% or more of their investable assets offshore,” says Kerry Fynn, chief executive of AlphaWealth which offers investment and wealth planning services for high net worth individuals and family offices.

Proposed amendments to Section 12J of the Income Tax Act, which provides a generous tax incentive for South Africans investing in venture capital schemes, have drawn criticism from the 12J Industry Association of South Africa.

Last week, the 2019 Draft Taxation Laws Amendment Bill (TLAB) was released and contains proposed amendments to certain elements to the Section 12J tax incentive. The major proposed TLAB amendment reintroduces a limitation on the amount an investor can deduct from taxable income in respect of a particular year of assessment. It has been proposed that the tax deduction for an investment in a Section 12J company be limited to R2.5 million per investor per annum effective from 21 July 2019.

London (16 July 2019): Westbrooke Alternative Asset Management UK Limited (“Westbrooke”) and the Firmament Group (“Firmament”) are pleased to announce the closing of a €10m refinance and growth capital facility (the “Facility”) to Pearl and Dean Cinemas (“P&D”) and its sister company Wide Eye Media (“WEM”).

Westbrooke Alternative Asset Management UK Limited is pleased to announce the closing of an acquisition facility for GMG Real Estate and Neworld (the “Consortium”), to complete the acquisition of the site for the upcoming LX Living development, situated near the historic heart of Lisbon, Portugal.

A conference this week examined one of the trickiest issues of our day: why is it proving so difficult to mobilise retirement funds to aid social upliftment? Meanwhile, inequality is rising and threatening to become a political time bomb, environmental crises are increasing, tax revolts are looming, and levels of violent social unrest could become unmanageable. Is there a solution? Cue impact investing.

Pricing discrepancies offer those who want to take advantage of them abundant opportunities to pursue on the JSE
An increased number of buyouts and more evidence of feisty profit performances are not stopping the ongoing derating of small-cap stocks on the JSE.

“A look at the small caps companies making the big bucks”

Portfolio Watch  with Fifi Peters -an interview with Jarred Winer, Fund Manager & Co-Founder of Westbrooke Alternative Asset Management.