Purveyors of Hope

Welcome to the  leading  black owned and managed growth private equity (a registered Venture Capital Company (VCC) with SARS)

A Tax Effective Offer

Achieve an immediate return of up to 41% for individuals and trusts, and 28% for companies when investing in Iridium

BBBEE & Shariah

We invest in Companies that are serious about transformation, are poised for growth and have a global outlook

Investment Approach

We base our investment philosophy on these three key pillars: Ability to generate superior returns Fostering trusted

Fund Management Approach

The Venture Capital Company is intended to be a marketing vehicle that will attract retail investors. It

Post Investment Management

The Iridium Team together with Hobbs Sinclair will utilise their invaluable experience in performing a management intervention,

About Iridium Private Equity

Iridium Private Equity (Pty) Ltd hereinafter
referred to as Iridium is a BBBEE and Shariah
compliant company regulated by the
Financial Services Board and registered with
the South African Revenue Services as a
“Venture Capital Company” in terms of
Section 12J of the Income Tax Act. The
company has been established to enable
taxpayers to take advantage of the generous
tax incentives provided for by Section 12J of
the Income Tax Act whilst meeting the
growing needs of SMME’s for BBBEE
accreditation.
The tax benefits are realised through
investing in promising small and medium
size business enterprises in the Republic of
South Africa by way of subscribing for
shares as provided for in this document.
Furthermore, investments in Iridium will
receive a contribution to their BBBEE
scorecard.

about

SOLID APPROACH

Private Equity

We invest in the companies in Qualifying Mid Sized Companies with a turnover of less than R50 Million with strong prospects of scaling

Corporate Finance

We structure best in class deals with focus on value creation and empowerment of employees and shareholders.

BBBEE Compliant

We offer structured solutions to move a company to have a Level 2 BEE status if the investment is for 51%

Frequently Asked Questions

One of the main challenges to the economic growth of small and medium-sized businesses and junior mining exploration is access to equity finance. To assist these sectors in terms of equity finance, government has implemented a tax incentive for investors in these enterprises through a venture capital company (VCC) regime. VCCs are intended to be a marketing vehicle that will attract retail investors. An investor is any taxpayer who qualifies to invest in an approved Venture Capital Company. They have the benefit of bringing together small investors as well as concentrating investment expertise in favour of the small business sector. There are no special tax benefits for VCC, only standard tax rules will apply.
Investors subscribe for shares in the VCC; • The investor receives a tax certificate which is deducted from his/her own income tax return; • The portfolio managers invest funds received in carefully selected qualifying companies; • These qualifying companies will receive BBBEE status depending on the level of investment and turnover; • The portfolio managers control the investment process and act as custodians of the funds invested; • Dividends will be declared and paid depending on the profitability and liquidity of the underlying investments; • The fund is regulated by SARS and the FSB
• Have high taxable income and/or high capital gains in the 2017 tax year; • Have investable cash; • Are looking to reduce their 2017 tax payment, or recover PAYE paid in 2017; • Are looking for Private Equity Investments yielding a minimum 6% dividend yield, before earnings growth, capital gains and tax deduction.
Investments in Iridium, as with all investments of a private equity nature, are regarded to be high risk and most suitable for high net worth Investors who are prepared to accept such a high risk. Iridium envisages that the high risks associated with investments in Qualifying Companies will be mitigated by: • Acquiring a diversified portfolio of Qualifying Companies, thereby reducing the potential impact of under-performance by any individual investment • Strict investment criteria and selection process as stipulated by the Investment Committee • Iridium holds a FSP License and will be administered in accordance with FSB regulations • Adherence to the principles of corporate governance through the supervision of the FSB • The management control and interventions of the experienced Iridium Team as well as internal controls implemented.

We have over 105 years

Of Experience

200

Million

50

M (Max Invest)

20

Hurdle Rate(%)

Our Team

Our team is made up of experts with strong business and finance experience offering a diverse set of skills that are world class.

Neill

Director

Larry

Director

Zeyaad

BD Director

Tebogo

CEO

Request Confidential Consulting

I acknowledge and accept that the directors of Iridium reserve the right to accept or refuse any application for subscription, either in whole or in part, or to abate any or all application(s) (whether or not received timeously) in such manner as they may in their sole and absolute discretion determine, and, further may accept or reject, in whole or in part, any application should the terms and conditions as set out in the private placement memorandum and the instructions contained in this irrevocable undertaking not be fully complied with.

Tax is a sensitive issue, and we ensure that each investor is given the right amount of privacy to make an informed and complaint decision. We offer a comprehensive on boarding process that is secure and confidential.

Larry

Director Compliance

From a corporate finance perspective, the Iridium offer reduces the reliance on complex finance structures to fund BBBEE deals, it is a simpler solution that can have real quantifiable benefits within a short time frame.

Neill

Founder

Our approach is a win win solutions for qualifying companies, they secure active black management experience, BBBEE Compliance and Tax Benefits, I am not aware of a better deal in the market.

Tebogo

CEO