Infinity Anchor Fund is an approved Section 12J Venture Capital Company and was established to cater for investors seeking a lower risk investment, yielding an attractive semi-annual dividend return with the added benefit of a tax credit on the amount invested.
Infinity Anchor Fund aims to provide investors with stable dividend income through investing in asset-backed rental SMEs and similar businesses with contractual revenue streams.
In order to provide investors with an added layer of protection, Infinity Anchor Fund will aim to structure investments to ensure that each investment is underpinned by a credit enhancement such as a guaranteed annual return or a first loss protection.
Infinity Anchor Fund’s investment strategy forms part of its mandate to ensure capital preservation and to provide access to stable returns which are underpinned by performing asset rental businesses.
Ingrained into every investment decision is our investment philosophy, which is underpinned by the following key factors:
Infinity Anchor Fund has a small and agile board with a depth of experience in credit, SMEs and professional investing with some of the largest companies in South Africa. The board is majority non-executive and the non-executives are majority independent in keeping with the top governance standards. Infinity Anchor Fund is proud to have a 75% black board and 50% black women.
Saki is the Chief Executive Officer of Infinity Anchor Fund and is a Director at ZAR X, an alternative stock exchange in South Africa, and has interest in Venture Capital. He holds a Honours degree in Economics from the University of the Western Cape; and a Diploma: Program in International Education from Bard College New York.
Saki Zamxaka previously served as Chief Executive Officer of the Gauteng Growth and Development Agency, PRASA Technical, a division of PRASA (Passenger Rail Agency of South Africa). Prior to that he was Chief Executive Officer of Autopax (trading as Translux and City to City), a long distance bus company; General Manager Operations at the Land Bank and was Acting CEO, and started as an economic analyst. Prior to that he worked in various roles in government including Economic Adviser to the Minister of Agriculture.
Seapei Mafoyane, serves as CEO and Executive Director at Black Umbrellas. She joined Black Umbrellas in 2012 as Chief Operating Officer. Black Umbrellas is the Enterprise & Supplier Development partner to Transnet SOC, Lonmin PLC, Total and Rand Mutual Assurance among other corporates. Prior to this, she served as Business Performance & Capability Strategist at South African Breweries. She served as Head of Customer Strategy, Credit Division, for the Standard Bank of South Africa, where she joined in 2007.
Seapei served as Functional Head of Vitality at Discovery Health until 2006 after starting her career there in 2000. She serves as an Independent Non-Executive Director and Lead Independent for JSE listed Rolfes Holdings since 2012, and as Chairperson of their Social & Ethics Committee; a member of Rolfes’ Audit and Risk as well as Remuneration committees. She is also Independent Non-Executive Director at Timken South Africa as well as a member of the Board of Trustees at Bridgestone South Africa Community Trust.
Alupheli is a qualified Chartered Accountant with a BComm Accountancy degree from the Rand Afrikaans University (since renamed University of Johannesburg). Alupheli also carries a BComm Honours (Accounting) degree from the University of South Africa. In 2014, Alupheli obtained an MBA qualification from the Gordon Institute of Business Science (GIBS).
Alupheli is a seasoned investment professional currently in the employ of African Phoenix Investments Limited, a JSE listed investment holding entity with a Private Equity investment mandate. Her role entails deal origination, execution and monitoring of investee companies with a focus on holding equity positions and quasi-equity instruments. Prior to this role, Alupheli spent a year at Senatla Capital, a Private Equity firm as a Senior Associate fulfilling similar functions as with African Phoenix Investments Limited.
Prior to becoming a Private Equity executive, Alupheli was a senior dealmaker at the Industrial Development Corporation of South Africa (IDC) for a period of six years in the Heavy Manufacturing division. This role involved corporate financing via debt as well as equity instruments for both greenfield and brownfield ventures. In this role, Alupheli received the divisional “Best Employee Award” in recognition of excellence in December 2015 and was subsequently runner up in 2016 (in a division of 120 employees).
Derrick is an actuary and became a Fellow of the Institute and Faculty of Actuaries (UK) after completing his degree (BSC Honours Actuarial Science) at the University of the Witwatersrand. Derrick is a co-founder of Jaltech and has extensive experience in providing Section 12J structuring, investment and compliance advice.
In addition, Derrick has extensive experience in offering clients financial and commercial advice on transactions, particularly relating to M&A and highly structured corporate finance transactions. Derrick has extensive experience in structuring, administering and managing VCCs. In addition, he has wealth of knowledge of the Section 12J legislation.