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Malcolm Segal
Founder at
Grovest Venture Capital Co. Ltd.
Profile
Malcolm Segal is the founder of Grovest Venture Capital Co. Ltd., founded in 2013, serving as Non-Executive Chairman.
Current jobs include Non Executive Director at Metta Capital Advisors LLP since 2018, Non-Executive Director at Seed Engine (Pty) Ltd., Non Executive Director at Smollan Group SA Pty Ltd. since 1998, and External member of Executive Credit & IC at Industrial Development Corp.
of South Africa Ltd. since 2012.
Former jobs include CEO of MDM Growth Investments Ltd. from 1997 to 2005, National Executive Chairman at Grant Thornton South Africa in 1997, Chairman at Southern African Venture Capital & Private Equity Association, Independent Non-Executive Director at Rex Trueform Group Ltd. in 2014, Independent Non-Executive Director at African & Overseas Enterprises Ltd. in 2014, Director at Sasfin Holdings Ltd. from 2010 to 2011, Director at Smollan Group SA Pty Ltd., Executive Director at Sasfin Bank Ltd., and Head at Sasfin Capital Pty Ltd.
Malcolm Segal active positions
| Companies | Position | Start |
|---|---|---|
Seed Engine (Pty) Ltd.
 Seed Engine (Pty) Ltd. Miscellaneous Commercial ServicesCommercial Services Provides entrepreneurial trainings | Director/Board Member | - |
Grovest Venture Capital Co. Ltd.
 Grovest Venture Capital Co. Ltd. Investment ManagersFinance Grovest Venture Capital invests in companies located in South Africa. The firm targets companies across a broad range of sectors and industries. It provides financing for early and growth stage transaction with an investment size ranging from ZAR 0.05 - 0.5 million. The firm makes co-investments. | Founder | 01/03/2013 |
Metta Capital Advisors LLP
 Metta Capital Advisors LLP Investment ManagersFinance Provides investment advisory services | Director/Board Member | 01/02/2018 |
Industrial Development Corp. of South Africa Ltd.
 Industrial Development Corp. of South Africa Ltd. Financial ConglomeratesFinance IDC is an active manager which aims to promote balanced, sustainable economic growth in Africa. The firm seeks to fund entrepreneurs starting new enterprises or to support companies wishing to extend existing operations. To be eligible, they must be economically profitable, sustainable and comply with international environmental standards. In addition, shareholders/owners are expected to make a financial contribution (the contribution of historically disadvantaged people may be lowered under special circumstances, in which case IDC will be prepared to extend finance more than the owner's contribution. The IDC does not re-finance fixed assets since their aim is to expand the industrial base. | Investment Committee Member | 01/07/2012 |
Smollan Group SA Pty Ltd.
 Smollan Group SA Pty Ltd. Miscellaneous Commercial ServicesCommercial Services Operates as retail solutions company that delivers growth for retailers and brand owners | Director/Board Member | 01/01/1998 |
Former positions of Malcolm Segal
| Companies | Position | End |
|---|---|---|
| REX TRUEFORM GROUP LTD | Director/Board Member | 24/11/2014 |
| AFRICAN AND OVERSEAS ENTERPRISES LIMITED | Director/Board Member | 24/11/2014 |
| SASFIN HOLDINGS LIMITED | Director of Finance/CFO | 12/10/2010 |
MDM Growth Investments Ltd.
 MDM Growth Investments Ltd. Investment Banks/BrokersFinance Engages in financing activities to raise funds for business operations | Chief Executive Officer | 30/06/2005 |
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Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
37
1st degree connections
13
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 13 |
|---|---|
Sasfin Holdings Ltd.
 Sasfin Holdings Ltd. Investment Banks/BrokersFinance Provides banking and financial services | Finance |
Rex Trueform Group Ltd.
 Rex Trueform Group Ltd. Apparel/Footwear RetailRetail Trade Engages in the manufacturing and marketing of clothing | Retail Trade |
African & Overseas Enterprises Ltd.
 African & Overseas Enterprises Ltd. Apparel/Footwear RetailRetail Trade Operates as an investment holding company which engages in retailing of ladies’ and men’s clothing, shoes, jewelry and fashion accessories | Retail Trade |
Industrial Development Corp. of South Africa Ltd.
Industrial Development Corp. of South Africa Ltd. Financial ConglomeratesFinance IDC is an active manager which aims to promote balanced, sustainable economic growth in Africa. The firm seeks to fund entrepreneurs starting new enterprises or to support companies wishing to extend existing operations. To be eligible, they must be economically profitable, sustainable and comply with international environmental standards. In addition, shareholders/owners are expected to make a financial contribution (the contribution of historically disadvantaged people may be lowered under special circumstances, in which case IDC will be prepared to extend finance more than the owner's contribution. The IDC does not re-finance fixed assets since their aim is to expand the industrial base. | Finance |
MDM Growth Investments Ltd.
MDM Growth Investments Ltd. Investment Banks/BrokersFinance Engages in financing activities to raise funds for business operations | Finance |
Sasfin Capital
 Sasfin Capital Miscellaneous Commercial ServicesCommercial Services Provides management consulting and insurance brokerage services | Commercial Services |
Sasfin Bank Ltd.
 Sasfin Bank Ltd. Regional BanksFinance Provides commercial banking services | Finance |
Smollan Group SA Pty Ltd.
Smollan Group SA Pty Ltd. Miscellaneous Commercial ServicesCommercial Services Operates as retail solutions company that delivers growth for retailers and brand owners | Commercial Services |
Grant Thornton South Africa
 Grant Thornton South Africa Miscellaneous Commercial ServicesCommercial Services Provides audit and assurance, tax, and advisory services | Commercial Services |
South African Venture Capital & Private Equity Association | |
Grovest Venture Capital Co. Ltd.
Grovest Venture Capital Co. Ltd. Investment ManagersFinance Grovest Venture Capital invests in companies located in South Africa. The firm targets companies across a broad range of sectors and industries. It provides financing for early and growth stage transaction with an investment size ranging from ZAR 0.05 - 0.5 million. The firm makes co-investments. | Finance |
Seed Engine (Pty) Ltd.
Seed Engine (Pty) Ltd. Miscellaneous Commercial ServicesCommercial Services Provides entrepreneurial trainings | Commercial Services |
Metta Capital Advisors LLP
Metta Capital Advisors LLP Investment ManagersFinance Provides investment advisory services | Finance |
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