What we do.

We offer investment solutions to institutional investors and family offices.

Our solutions range from Real Estate Funds, Impact Investing Funds, Multi Managed Funds and Implemented Investment Consulting across a range of asset classes.

Our History

Our brief history of significant milestones

2000

Novare was founded as an investment advisory business advising South African Pension Funds.

2003

Novare Investments Launched Offshore multi-manager, domestic multi Manager and Mayibentsha Moderate Qualified Fund of Hedge Funds.

2005

Novare Investments launched South Africa Hedge Fund Survey.

2006

  • The founders sold 50% to Mvela Private Equity thus making its first Black Economic Empowerment transaction.
  • Novare took a strategic decision to expand beyond the borders of South Africa. Novare Equity Partners was established as a private equity firm investing exclusively in sub-Saharan Africa outside of South Africa.

2007

Established Mayibentsha in Cayman Island for offshore investors.

2009

  • Mvela Private Equity sold back to founders when they de-listed and unbundled.
  • Invested 30% in First Guarantee Pension Limited. A pension fund administrator in Nigeria.
  • Launched Sub-Saharan Africa Real Estate business.
  • Opened office in Lagos, Nigeria and Botswana.

2010

  • Launched Novare Africa Property Fund, which raises $81million.
  • Opened office in Mauritius.
  • Novare Africa Property Fund started its first construction of the first mall in the capital of Nigeria, Abuja.
  • Founders sold 26% to Nehawu Investment Holdings.

2012

  • The Fund’s very first mall, Novare Apo, opened in Abuja, Nigeria, in the second quarter.
  • The Novare Africa Property Fund opened office in Abuja, Nigeria.

2014

  • Launched Novare Africa Property Fund II.
  • Acquired the Collective Investment Scheme License for hedge funds, a first in South Africa.
  • Opened office in Lusaka.
  • Nehawu Investment Holdings sold its 26% to Black Economic Empowerment Consortium.

2015

Opened Office in Maputo; Mozambique.

2016

  • Novare Africa Property Fund II closed in June and raised $351million.
  • Novare Lekki, the biggest mall in Lagos, Nigeria, opened for trading.

2017

  • Novare Gateway opened in Abuja, Nigeria.
  • Novare Matola opened in Mozambique.
  • An existing mall, Twin Palms Shopping mall was purchased.

2018

  • Novare Great North mall phase 1 and 2 opened in Lusaka, Zambia.
  • Novare Central Office Park opened in Abuja, Nigeria.
  • Construction started on Standard Chartered Bank’s new head office in Lusaka, Zambia.

2019

  • Novare Pinnacle opened in Lusaka, Zambia.
  • Novare Twin Palms phase 2 opened.
  • Management bought out one of the founders of Novare, resulting in the company being majority black-owned.

2020

  • BEE Consortium sold its 26% stake to Ata Capital.
  • Launched Novare South Africa Impact Fund.
  • Novare Central Lusaka offices opened with Standard Chartered Bank as the anchor tenant.
  • Achieved Level 1 Black Economic Empowerment (BEE) status.

Our Group Structure

gruop-structure

Our diversity

We are a progressive company that embraces the values of diversity and non-racialism.

While our company is now spread across the continent it has its roots in South Africa and thus is an active participant in Black Economic Empowerment (BEE) and the general empowerment of women and the communities in which we invest and operate.

This philosophy informs our approach to employment, skills development and corporate social investment programmes.

Note: Black Economic Empowerment (BEE) is the process through which previously disadvantaged South Africans are given the opportunity to participate in and benefit from South Africa’s mainstream economy.

Novare is a Level 1 BBBEE contributor.

Our Team

We have a diverse team with a depth of experience across a range of disciplines.
Our teams are our greatest asset

cebile

Cebile Hlophe

Non-Executive Director
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lelo

Lelo Rantloane

Non-Executive Director
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Craig Lyons

Non-Executive Director
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ola3

Olaotse Leepile

Executive Director
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derrick

Derrick Roper

Executive Director
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lulamile3

Lulamile Makasi

Executive Director
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Puseletso-HR

Puseletso Mbele

Executive Director
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Naledi Mongoato

Naledi Mongoato

Executive Director
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ola3

Olaotse Leepile

Chief Executive Officer
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Christopher

Christopher Harry

Head of Finance
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anke

Anke Wium

Financial Manager
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zanele-qinisile

Zanele Qinisile

Group Marketing Manager
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alana

Alana August

HR Consultant
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Christo-Fourie

Christo fourie

Head of IT
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Neil

Neil Swartz

Senior IT Administrator
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Lorego-Whittles

Lorego Whittles

IT Administrator
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ridwaan

Ridwaan Fulat

IT Administrator
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Najwa

Najwa Davids

Financial Manager
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Roderick

Roderick Oliphant

Finance Manager
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Robin

Robin Jones

Assistant Accountant
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achin

Anchen Esau

Assistant Accountant
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Louise

Louise Mdewu

Assistant Accountant
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derrick

Derrick Roper

Managing Director - Novare Equity Partners
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Naledi Mongoato

Naledi Mongoato

Manager: Financial Structuring
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Pierre Groenewald

Pierre Groenewald

Chief Investment Officer
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Jared Halliday (1)

Jared Halliday

Chief Operating Officer
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lerato

Lerato Kumalo

ESG and Impact Specialist
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Henk-Olivier

Henk Olivier

Chief Financial Officer
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Hein-Du-Plessis

Hein Du Plessis

Country Head: Nigeria
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Christo-Hoffmann

Christo Hoffman

Centre Manager: Zambia
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Daniella-Gongalves

Daniella Goncalves

Lease Administrator
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Chineme

Chineme Onuoma

Head of Legal – Novare Property Development Nigeria
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Anien-Marais

Anien Marais

Financial Manager
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_-

Johan Kirstein

Financial Structurer
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Jonathan-Mitchell

Jonathan Mitchell

Art Director
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Portia

Portia Thobedi

Receptionist
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Tabisa-Dyani

Tabisa Dyani

Investment Analyst
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Dave-Bennie

Dave Bennie

Head of leasing: Africa
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Phaphama-Mncwango

Phaphama Mncwango

Assistant Accountant
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Eleni

Eleni Catacouzinos

Executive Personal Assistant
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Marcello

Marcello Kleinsmith

Assistant Accountant
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Grant-Davids

Grant Davids

Assistant Accountant
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Barry

Barry Visser

Centre Manager
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benedict

Benedict Mongalo

Managing Director - Novare Impact Investment Partners
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ola3

Olaotse Leepile

CEO - Novare Holdings
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derrick

Derrick Roper

Managing Director - Novare Equity Partners
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lerato

Lerato Kumalo

ESG and Impact Specialist
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Investment Team

1616157_

Jacobus Brink

Head of Investments
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Masoto Lazarus Kanyane

Portfolio Analyst
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jodi

Jodi Dennis

Portfolio Manager
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Kwazi-Mbhele

Kwazi Mbhele

Portfolio Analyst
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Kagiso-Mathole

Kagiso Mathole

Portfolio Manager
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Operations Team

jacques

Jacques Du Preez

Chief Operating Officer
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Fahiem-Moses

Fahiem Moses

Operations Manager
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liesl

Liesl Keuler

Legal and compliance Manager
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Tiaans-May

Tiaan May

Risk Manager
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Shireen

Shireen Bailey

Office Manager
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Avela-Qoyise

Avela Qoyise

Investment Support Officer
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Noma-Ntlemeza

Nomawaka Ntlemeza

Risk Analyst
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marina

Marina Rogers - Anderdoff

Manager: Hedge Funds
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Brandon

Brandon Smith

Risk Analyst
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ernest

Ernest Stripp

Assistant Group Compliance & Legal Officer
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lulamile3

Lulamile Makasi

Managing Director – Novare Investment Solutions
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Gerrit-Craucamp

Gerrit Craucamp

Head of Investment Strategy
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Puseletso-HR

Puseletso Mbele

Head of Investment Consulting
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Tino Mombo

Actuarial Analyst
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One Giddie

Fund Consultant
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Precious Mbatha

Senior Investment Consultant
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mortale

Motale Ramakongoana

Senior Fund Consultant
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Lebo

Lebo Molefi

Office Administrator
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Samantha-Adams

Samantha Adams

Operational Manager
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Connie

Connie Mlonyeni

Executive Assistant/Reception
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Cliford

Tlhologelo Cliford Malapane

Manager Research Analyst
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Tabisa-Seabe

Tabisa Seabe

Operations Administrator
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