Cape Town - New Frontiers, a recently released survey report by the Southern African Venture Capital and Private Equity Association (Savca), has established that the allocation by pension funds in Southern Africa to private equity remains limited.
Furthermore, few pension funds in SA have taken advantage of the increased allocations into private equity, from 2.5% to 10% of assets under management, that are set out by amended pension fund regulations.
The survey targeted the top 100 pension funds in SA and the major pension funds in other SADC (Southern African Development Community) countries.