The main objectives of the Association are to: Promote the venture capital and private equity profession in Southern Africa.
Represent the profession at the national and international level.
Develop and stimulate professional and transactional venture capital and private equity investments throughout Southern Africa.
Stimulate the expansion of venture capital and private equity throughout Southern Africa.
Collect information from markets and from members.
Circulate information to members and the outside world.
Stimulate and maintain contacts within the membership.
Contribute to the management development of investors and investees. Provide the relevant authorities with proposals for improvement in the corporate, fiscal and legal environment for venture capital and private equity in Southern Africa.
The formula in an insurance or reinsurance contract for determining the reinsurance premium for a specified period on the basis, in whole or in part, of the loss experience of a prior period. See spread-loss reinsurance.