The Southern African Venture Capital and Private Equity Association (SAVCA), the industry body and public policy advocate for private equity and venture capital in Southern Africa, has announced three new appointments to its board of directors.

The new directors, Paul Boynton, Cathy Goddard and Yvonne Maitin, are experienced, senior professionals at private equity managers based in Southern Africa, and will form part of a board of thirteen directors tasked with serving and promoting the Southern African private equity and venture capital industry.

Erika van der Merwe, CEO of SAVCA, said: “We are pleased to welcome these three highly respected individuals to our board, who bring a wealth of industry knowledge, as well as commitment and passion for the industry. All three directors already are active participants in SAVCA’s various activities, including fostering relationships with institutional investors, supporting our training programmes, advocating for the private equity and venture capital industry and promoting the Southern African region as an investment destination,” says

Paul Boynton is the CEO of Old Mutual Alternative Investments (OMAI), Africa’s largest alternative investment manager, investing R60bn across African infrastructure, private equity, impact funds and mezzanine debt.

Prior to setting up OMAI for the Old Mutual Investment Group (OMIG), he was the Senior Portfolio Manager of the Old Mutual Life Funds (at the time a $50bn portfolio) as well as Head of Investment Views for three years, formulating the investment house view and model portfolio for OMIG. 

Cathy Goddard is CIO of  Vuwa, where she is involved in originating, assessing, valuing, structuring, negotiating, funding and closing private equity transactions.

Prior to her role at Vuwa, Goddard worked at Investec Bank for seven years, where she focused primarily on funding Black Economic Empowerment transactions in the mid-market space as well as on other shareholder re-organisations, such as management buy-outs and buy-ins, leveraged buy-outs and share buy-backs.

She was also involved in funding traditional acquisition or growth finance requirements for unlisted companies.

Yvonne Maitin is a partner at Bopa Moruo and has broad experience gained over 15 years in financial services across various disciplines, including private equity, debt, derivatives and economics.

She began her private equity career at Actis as a member of the investment team and later joined Liberty where she was a Director and Head of Distribution of on-balance sheet private equity and debt investments.

She also served as a private equity specialist fundraiser at STANLIB, the Asset Management business within the group.

Dave Stadler, Chairman of the SAVCA board and CEO of Paean Private Equity, said: “It is gratifying to have new directors joining the SAVCA board who bring a diverse range of industry experience, many years of private equity and venture capital service, and strategic insight, all of which will be harnessed to make a positive contribution to the private equity and venture capital industry in Southern Africa.”