Revolutionary Fundraising Blitz: RH Managers Spearheads R2-billion South African Impact Fund!”
Johannesburg-based private equity and infrastructure powerhouse, RH Managers (RHM), is igniting a fervent fundraising campaign, aiming to secure a staggering R2-billion social impact fund. The mission? To galvanize South Africa’s healthcare and energy infrastructure, aiming to close the gaping investment chasm by bolstering social infrastructure in healthcare, housing, and renewable energy.
While South Africa shines as an infrastructure trailblazer in Africa, an ominous investment gap looms large. Statistics echo that by 2030, the nation could face an infrastructure void of R4.8-trillion. RH Managers fervently seeks to rewrite this narrative, stepping up to the challenge with bold ambitions to fortify the country’s developmental blueprint.
With healthcare quality, affordable housing, and dependable energy on the forefront, RH Managers envisions a transformed landscape. The cornerstone of their audacious plan is a R2-billion social impact fund, aimed at rendering these critical sectors more accessible and affordable for the masses.
This monumental fundraising drive gathers an eclectic ensemble of local and international limited partners, all eager to catalyze change. As the second-largest black private equity firm in South Africa, RH Managers wields assets under management of approximately R5-billion. Their unwavering focus on sustainable finance and Environmental, Social, and Governance (ESG) considerations underscores their commitment to societal progress and investor returns.
With the first close of the fund slated for December this year and a second close earmarked for June 2025, RH Managers charts a dynamic course. Their prior triumphs in healthcare funds, amassing over R5-billion in debt and equity capital, serve as the foundation for this bold leap into social infrastructure.
The tapestry of RH Managers’ expertise spans across green, brown, and later-stage investments. Armed with an uncanny knack for structuring acquisitions, sourcing investment capital, and overseeing construction and commissioning processes, the RH Managers team is primed to reshape South Africa’s future, one impactful investment at a time.
Opinion: RH Managers’ audacious push for a R2-billion social impact fund is nothing short of revolutionary. In a nation grappling with infrastructure gaps and societal challenges, their strategic focus on healthcare, housing, and renewable energy holds immense promise. By amalgamating local and international partners, RH Managers is a vanguard of change, poised to bridge divides, catalyze progress, and solidify South Africa’s stance as an infrastructure powerhouse. As ESG considerations weave through their investment fabric, RH Managers’ bold initiative showcases how private equity can be an instrument of transformation, driving both societal welfare and investor prosperity.
This article was published by (marketnewsng).