news

episode 2: SA hospitality industry with marc wachsberger from the capital hotel group

Marc Wachsberger, Founder and MD of The Capital Hotel Group and Dino Zuccollo, Fund Manager at Westbrooke Alternative Asset Management…

8 May 2020

episode 1: TERS with joon chong from webber wentzel

  Dino Zuccollo caught up with Joon Chong from Webber Wentzel to discuss the TERS scheme introduced during the South…

6 May 2020

westbrooke UK and the firmament group are pleased to be providers of a refinance and growth capital facility to pearl and dean cinemas

Westbrooke Alternative Asset Management UK Limited (“Westbrooke”) and the Firmament Group (“Firmament”) are pleased to be providers of a refinance and growth capital facility (the “Facility”) to Pearl and Dean Cinemas (“P&D”) and its sister company Wide Eye Media (“WEM”).  P&D and WEM are leading cinema advertising companies that provide turnkey solutions to support cinema operators, advertisers, and agencies. P&D holds #2 market share in the UK, while WEM holds #1 market share in Ireland.  

17 January 2020

westbrooke influencing strategic change to unlock value in grand parade investments

Unless a buyer swoops in, the Burger King owner is set for a big break-up. That’s good news for weary investors
It’s the end of an era — and probably the end of the road too — for empowerment group Grand Parade Investments (GPI).

12 December 2019

curafin management company

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

6 November 2019

westbrooke yield plus provides a $10m senior debt facility to tech21, a market leader in the mobile device protection industry

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”).

8 October 2019

what SA’s super-wealthy are doing with their money: offshore alternative investments

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.

17 September 2019

section 12J proposals bad for investors, economy

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.

3 August 2019

industry body responds to the draft section 12J changes

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.

31 July 2019

westbrooke yield plus partners with the firmament group to provide a €10m refinance and growth capital facility to pearl & dean cinemas and wide eye media

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”).

16 July 2019