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Thomas Prins

Chairman BCom Hons CA (SA), CFA

Thomas completed his articles at Ernst & Young in 1995. From there, he joined Investec Bank as a Corporate Finance Consultant. He gained vast experience in capital raising and restructuring, listings and disposals. 

After executing a series of pre-IPO investments on behalf of Investec, his passion to establish long-term investments in unlisted companies was born, the culmination of which saw him help establish Investec Private Equity in 1999. 

Thomas left Investec in 2010 to pursue his own interests in the private equity industry. As Principal Investor and CEO of DP Capital, Thomas endeavours to assist management teams throughout Southern Africa acquire and grow the businesses they manage.

Thomas currently serves as Chairman on three boards, and acts as a director on one other.


Nazmi Adams

CEO and Executive Director B.Sc. (Chem) Eng, MBA

Nazmi has more than 25 years’ experience in the gases, LPG and welding industry. In addition to being General Manager, Sales & Marketing for Afrox, he also previously served on the Afrox (AOL) Board.

He was promoted to the BOC Group (UK) as Marketing Director for the global BOC Industrial Gases and welding business and later taking on the position as Global Marketing Director and Head of the Welding Consumables business for ESAB based in London. In addition, he was a shareholder and Director of Thombo Petroleum, an offshore oil and gas exploration company.

Nazmi returned to South Africa to assist in the transformation of the Afrox business and after a short retirement, took on the role of the Weldamax CEO in January 2017. 


Rene Schutte

Non-Executive Director CA (SA)

Rene is a qualified Chartered Accountant. She holds a Masters Degree in South African and International Taxation from RAU, and completed her articles at PricewaterhouseCoopers in the Entrepreneurial Advisory Division.

Since joining Tiso Group in 2004 as Finance Manager and Private Equity Deal Executive, Rene has been very active in the private equity industry.

In 2008, she joined Tsiya Group as Director. During her time there, she was made a Managing Director of Gagasi 99.5, a KwaZulu-Natal radio station.

Rene joined SPE in March 2011 as Investment Principal. She is responsible for sourcing, evaluating and implementing investments, and deals with post-investment management. She also represents SPE on various governance structures of its investments.

Ntshediseng Sibeko

Non-Executive Director

Ntshediseng holds a BCom in Accounting from the University of the Witwatersrand and an MBA from the Gordon Institute of Business Science. She began her career in the banking arena as a consultant at Investec Private Bank after which she joined Business Partners Limited in 2008 as a Business Analyst. Her role involved portfolio management and deal execution where she worked on transactions in the engineering, consulting and manufacturing sector. She subsequently joined the National Empowerment Fund as a transactor in the SME fund. 

She joined Sanlam Private Equity in March 2013 as an Investment Associate and is responsible for the origination, evaluation and implementation of prospective investments as well as post -investment management of portfolio assets.


Bukelwa Bulo

Executive Director B Bus Sc (Finance and Accounting) Post Graduate Diploma Accounting; CFA, Program for Leadership Development (Harvard Business School).

Bukelwa is a founder and executive director of Jade Capital. She has over 12 years of experience in Investment Banking, having worked for 11 years in the Private Equity Division of Investec Bank Limited. She has obtained exposure to a wide spectrum of sectors including the hospitality, quick service restaurant, industrial services, engineering, retail and wholesale sectors.

Bukelwa has served as a non-executive director on the boards (and board committees) of the following companies: Franki (Pty) Ltd, Plumblink (Pty) Ltd, Kumnandi Food company (Pty) Ltd, Anglo V3 Crane Hire (Pty) Ltd, Elcon Cranes and Construction (Pty) Ltd, Protea Hospitality Holdings (Pty) Ltd, Metaf Investment Holdings and The Business Place (eQonce). She has also represented Investec Bank Limited as an observer on the boards of Kensani Corrections (Pty) Ltd, African Revival Investment Holdings (Pty) Ltd, Tsiya Radio (Pty) Ltd, Tsiya Group (Pty) Ltd, and Shanduka Group (Pty) Ltd.

Bukelwa is a non-executive director on the board of Unispan Holdings (Pty) Ltd, and is also a member of the Women’s Property Network in Gauteng.


Natalie Louria

Non-Executive Director BA LLB 


Natalie holds a BA LLB from the University of the Witwatersrand. She was admitted to practise as an attorney, notary and conveyancer by the High Court of South Africa in 2000 and spent a number of years in practice in firms in Johannesburg before spending some time abroad.

On her return to South Africa in 2010 she made the move to corporate, joining The Standard Bank of South Africa Limited in 2011, where she worked as a legal manager in various divisions for a period of some 3 years before starting at Sanlam Capital Markets (Proprietary) Limited in the role of legal advisor in 2013.

Natalie advised both the debt team as well as the private equity division of Sanlam Life Insurance Limited, before permanently taking up the position as the dedicated legal counsel for Sanlam Private Equity in November 2016.



Zola Ntwasa

Non-Executive Director B-Comm (Honours in Accounting) CA(SA).

Zola is a founder and executive director of Jade Capital Partners. She was previously a director in the Real Estate Finance Division of Standard Bank, heading up the New Business Team, where she was a member of the Executive Committee and the Deal Approval Committee.  

Prior to this, she was an Investment Banker having held roles in the BEE Finance and Investments Division of Standard Bank and as a Corporate Finance Consultant at Investec Bank Limited.

Zola serves as a non-executive director on the board of Hospitality Property Fund, Sasol Inzalo, Grindrod Bank and Grindrod Limited. She is a South African Property Owners Association (SAPOA) board member and was the 2014 Chairperson of the Women’s Property Network (Gauteng). 




Anil Maharaj - CA(SA)

Non-Executive Director B-Comm CA(SA).


Anil represents Sanlam Private Equity on the board of Weldamax and has over 15 years of private equity deal making experience. 

Prior to joining Sanlam, Anil was a director at Brait’s private equity business. Anil qualified as a chartered accountant in South Africa, before spending some time abroad at Ernst & Young’s corporate finance division in London.