Dr. Kinesh Pather
Kinesh holds a BDS (University of Witwatersrand) and is currently completing an MBA from Milpark Business School (Dissertation outstanding). He has extensive experience in the trade union investment arena–he was previously the CEO of the Chemical and Petroleum Union Investment Company. In this role in 2001, he concluded the first significant BEE transaction in the PharmaCo sector through a substantial equity acquisition into Aspen Pharmacare (SA’s largest generic pharmaceutical manufacturer). This has led to enormous benefits for the Union and its members over the last 12 years. He gained immense insight into the sector and the value proposition to the partners. As a member of the medical profession, he has immense insight in terms of the industry and the transformational agenda the industry required.
Kinesh played a key role in the transformation of the Petroleum sector in SA over the last decade and has access, through direct relationships, with Major Oil Companies and Financiers in this sector. He assisted Total South Africa in formulating its empowerment strategy and approach and was part of the original TOSACO BEE transaction in Total SA done in 2003. He has subsequently put ac consortium together and has acquired the 25% stake in Total SA, as its new BEE partners though his company Kilimanjaro Capital.
Kinesh was instrumental in the deal structuring of Impala Platinum’s Marula Platinum Mine and lead the consortium to acquire 27% of Marula Platinum in 2005. Kinesh acts as Advisor to Tubatse Platinum and the Marula Community Trust, two of the empowerment partners in the 27% stake of Marula. Kinesh is still retained as advisor on all matters relating to the empowerment stake. The total value of the acquisition was R900million.
Kinesh is the current chairman of AVACAP, a strategic corporate finance and advisory investment business. He is also apart of the Bataung Group of companies and through Bataung Oil and Gas playing a significant role in the formulation and implementation of acquiring a 26% equity stake in each of 9 companies formed to house the individual onshore gas concessions granted by the Department of Minerals and Energy. Bataung’s partners in this transaction are NTEnergy Africa (a subsidiary of NTEnergy PLC) and the Central Energy Fund.
Kinesh also has extensive relationships in the business sector of SA and in various parts of the Globe.
Adrian Appanna CA(SA)
Chief Executive Officer
Adrian specialises in the structuring of BEE Ownership transactions for local and multinational corporates and Private Equity transactions. After completing his articles at KPMG locally and New York he joined Nedbank in the project finance team. Adrian subsequently joined African Capital Partners as a Partner at the firm prior to joining Transcend Capital.
At Transcend Capital Adrian was responsible for the role of deal making and structuring of BEE deals for large multi-nationals.
His Corporate Finance background combined with in-depth knowledge and appreciation for the spirit of BEE legislation define him as a leader in the filed of negotiating BEE transactions.
Chief Operating Officer
Previn Pillay holds a Bachelor of Commerce Degree with Majors in Business Management and Industrial Psychology and is a well versed business entrepreneur and strategist. His expertise lies in business communications, operational management and process design.
Previn has successfully created and operated businesses with many “blue chip” companies as clients and has maintained these relationships to date. Previn’s abilities in managing multi-disciplinary projects has made him an invaluable addition to the team as he oversees administrative support and co-ordination for all of the consortium’s investment activities.