SOUTH AFRICA - Retirement funds of government institutions such as Telkom, Eskom and Transnet should be encouraged to invest in venture capital to support job-creation, according to Ron den Besten, general manager of Gensec Bank's private equity division.
Den Besten said that if fund members were to learn how venture capital investment can lead to job creation and skills transfer they would pressurise trustees to include the asset class in their fun...
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