African Rainbow Capital
AUM: $8.5 billion
African Rainbow Capital (ARC) is a fully Black owned and controlled company focusing on the South African and African financial services industry and businesses that deliver exceptional returns on equity. It is listed on the JSE, under the Finance – Speciality Finance sector.
ARC Fund (an en commandite partnership) has been established in South Africa as an evergreen (open-ended) investment vehicle.
ARC has contributed 49.9% of its interests in financial services companies (through a holding company) and 100% of its interests in nonfinancial services companies to ARC Investments in return for shares in ARC Investments. , after which ARC Investments will contribute the investments to the ARC Fund as a capital contribution.
Area of expertise