19 Oct

Formation of Caban Growth Partners LLP

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The Caban Group of Companies are excited to announce that we have recently formed a strategic relationship with Athene Capital LLP, who is authorised and regulated by the Financial Conduct Authority in the UK. The relationship is geared towards supporting Caban with the rollout of our business model in the UK and elsewhere.

 

The Caban business model entails the assistance of entrepreneurs from concept through to a fully operational and capitalised business and has not included the provision of capital until now.

 

It is the intention of Caban Capital Plc and Athene Capital LLP to form a joint venture called Caban Growth Partners LLP which will pull together a vast array of corporate finance expertise and give access to a wide network of investors in the UK.

 

Once formed, Caban Growth will be providing the following services to Caban Investments UK:

 

  • Assisting with fundraising for Caban Capital Plc
  • Deal sourcing
  • Due diligence and evaluation of potential investments
  • Investment execution and portfolio monitoring
  • Exit sourcing and execution

 

Through Caban Growth Partners, Caban will be able to fund its activities in supporting entrepreneurs in the UK. The setting up of the partnership will pave the way for the creation of a potential Investment Fund, from where the company will be able to invest in feasible opportunities in both the UK and South Africa.

 

Caban Growth Partners will also assist Caban Capital Plc to obtain the necessary regulatory cover leading to the listing of the company on the 4th of September 2017.

 

The team will be headed by a join team from Athene Capital and Caban Capital PLC. The team will consist of the following:

 

Richard Denton, Chairman

MBA

 

Richard is CEO of Athene General Partner Limited, the general partner of the Athene Capital Partnerships.

He has 30 years’ experience working in major banking, fiduciary and asset management groups including Coutts Group, Bank of Bermuda, Fortis and Barclays.

 

Most recently he was CEO of the Triangle Group where he was responsible for developing and leading the strategy for the business, prior to which Richard was Head of International Wealth Advisory at Barclays Wealth & Investment Division.

 

Richard has a degree in History and a Post Graduate Certificate in Education from Nottingham University. He is a qualified Associate of the Institute of Financial Services, a Chartered Member of the Securities Institute and holds a Diploma in Trust and Estate Practice (TEP). He has an MBA from Warwick University.

 

Ben Botes, Vice Chairman

MBA, M Psych

 

With more than 15 years experience in both finding, leading and working with technology companies both in the UK and South Africa in leadership, marketing, product and business development roles Ben now overseas the development of Caban Capital PLC, a business geared towards supporting entrepreneurs in a number of markets world-wide. Ben's current projects concentrate on the provision and improvement of online networks and resources for first time business leaders and entrepreneurs and he has consulted on these issues for organisations such as Accenture, Hewlett-Packard, Business Link UK, The Prince’s Trust and Shell.

 

Lloyd Thomas, CEO

CA, MRes. Finance

 

Lloyd is the Managing Partner of Athene Capital. Previously, Lloyd worked at EQT Partners, a leading European private equity firm, where he was in charge of deal sourcing, and also analysing and executing investments across the capital structure.

 

Prior to EQT, Lloyd was at Deloitte, where he advised investors, lenders and management teams on turnaround business plans and restructuring options.

 

Lloyd’s previous experiences include roles at JP Morgan, ISIS Private Equity and HSBC. Lloyd is an ACA Chartered Accountant, and graduated from Wharton as a Joseph Wharton Scholar with concentrations in Entrepreneurial Management and Finance, and graduated Summa Cum Laude from the University of Pennsylvania with honours in French. Lloyd also holds an MRes in Finance from Cass Business School.

 

Dave Romero, Board Member

Prof. Accountant SA

 

Dave qualified as a Professional Accountant (SA) in 1987. He Joined a Corporate Finance Company after qualifying where he got the first taste of Venture Capital. Dave became the Financial Director and later, the Managing Director of Equivest, a Venture Capital Group.

 

During 1991, Dave established his own Venture Capital Company which was listed on the Johannesburg Stock Exchange on the 25th of November 1997. REF Finance and Investment Corporation Ltd focussed on the ICT industry. Highlights of this company include being ranked 21st in a Business Times Top 100 Companies survey during 1998, ranked the 40th fastest growing company in South Africa, with investors receiving a 1,800% return over a five year period.

 

During 2005, Dave bought into Isibane Holdings (Pty) Ltd, formed a Private Equity company called Isibane Capital Ltd and was elected as the Joint CEO. 2009 saw the merger of the company with Pulse Private Equity.

 

In 2012 Dave founded the Caban Group of Companies to help entrepreneurs succeed by providing a comprehensive service offering to small businesses as risk in return for equity. The success of this model lead to the founding of Caban Capital, the Group Holding company, in the UK through which the business model is being applied internationally.

 

Dave’s passion for developing entrepreneurs often takes him out of the boardroom and into the local communities where he can be found offering advice as well as creating innovative solutions to the funding requirements of public benefit organisations. He has over the course of his career helped hundreds of companies to get started. 

 

Dave also serves on the boards of the following organisations:

  • South African Small and Medium Enterprise Federation (SASMEF) 
  • Salesian Life Choices 
  • The Atlantis Dream Team 
  • N//n#e Community Development Trust

 

James Anderson, Board Member

LLB., CA., CA (SA), DIP(Wits), IASSA, IOD

 

James H Anderson was educated at Edinburgh and Glasgow Academies. He then studied at Aberdeen University, where he gained an LL.B in 1966, and then at Glasgow University in 1967 where after he obtained the institute of Chartered Accountants of Scotland qualification in 1969. He joined Unilever Ltd in London as part of the British Universities key intake for management program and was transferred to South Africa initially as Manager Internal Audit and thereafter promoted to the position of Financial Manager for an operating subsidiary, involved in all aspects of brand management, product development and financial control and reporting.

 

In 1972 he joined Western Bank as the Regional Accountant for Johannesburg, Northern Transvaal and Free State. He was tasked to integrate and standardise the Banks accounting and computer systems and to run the largest Regional administration. This was completed in three years and he was then promoted to Group Financial Manager. That year Western Bank was taken over by Anglo American and then by Barclays Bank. He was then appointed to work with Barry Swart of Barclays to integrate the two banks.

 

In 1975 he joined Ryan Nigel Ltd which was the top listed company on the JSE and was appointed Financial Director six months later. His responsibilities were expanded to include management of the Corporate Finance and Investment Divisions, which he ran for two years until the company was taken over by Standard Bank Ltd.

 

He joined National Acceptances Ltd as a director and founding shareholder, and was responsible for developing the Corporate Finance Division from inception, which specialised in mergers and acquisitions, company re-constructions, project finance and investments. This team grew to be one of the most respected corporate finance teams in South Africa.

 

He has been the Managing Director of Rand Reef Investments Limited since inception in 1983. The company offers Financial, Marketing and Strategic Consultancy, and Corporate Financial Services to a wide range of individual and corporate clients. Clients have included Murray and Roberts, Toyota, Barlows and certain substantial private groups. He was senior Group Marketing Consultant for ABSA Merchant Bank (AMB) a division of the largest SA bank for five years, with a mandate to develop both local and international business in which period AMB grew substantially.

 

Transactions included the purchase of Cutfin bank for ABSA, structuring and core acquisitions for DiData, E.D.S SA, Murray and Roberts, Bell listing, Winhold restructure. James was also the Merchant Banking adviser to the North West Government.

 

About Athene Capital LLP

 

The Athene Capital Group (“Athene Capital”) spans private equity, venture capital, growth capital, project finance and private debt.

 

Athene Capital works closely with its investor partners who are typically UHNWIs, family offices, and institutional investors who take a long term view. The Athene Capital Partnerships serve as vehicles for building diversified portfolios in partnership between the Athene Investor Partners and Athene Capital LLP, the Group’s FCA authorised investment advisor and arranger. Together we work to facilitate partners’ investments in those private companies across the globe which have the potential to generate high growth and downside protection.

 

About Caban Capital PLC

 

Caban invests in high-growth opportunities to maximise returns for shareholders and simultaneously provides a comprehensive service offering enabling entrepreneurs to succeed. Once the basics of business building are taken care of (such as finance, strategies and business plans), we ensure the visibility of our clients through all applicable channels. There is no one size fits all approach at Caban. Every business is unique and requires the right platform for the right audience. Caban is a collaboration of like-minded entrepreneurs, each with substantial experience, expertise and know-how to focus on areas where the businesses need attention. We thrive on building people and companies.

 

For further information please contact Ben Botes;

 

Mobile: +44 77 25 000 749

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

 

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