Sarona Asset Management is pleased to announce another exit from our SGGM private equity programme. Apis Growth Fund I has entered into an agreement to sell the whole of its interest in payment solutions provider Q Link Holdings Ltd to Sanlam Private Equity (“SPE”). SPE will obtain a majority stake in Q Link with the acquisition of shares from the Fund and other shareholders, and will continue to steer Q Link’s growth in the coming years. Further details can be found on the attached press release.
Global resilience shapes constructive outlook
As 2024 unfolds, the global economic environment continues to remain resilient, raising expectations for central bank easing in the upcoming quarters and increasing the probability of a relatively soft landing. While interest rates stay elevated, particularly across...
