The investment team has over 100 years of global infrastructure investment experience and broader investment and transaction execution experience in Africa. In particular, the team has advised and/or invested across the energy, mining, power, telecoms, transport, water and PPP government buildings sectors.

Herc van Wyk

Herc van Wyk is the Chief Executive Officer of Pembani Remgro and has 30 years of experience in merchant banking, project finance and investing in infrastructure, with a strong focus on the African continent. Before joining Pembani Remgro, Herc was Managing Director of Kagiso Financial Services Limited, now part of the KTH Group and Chairman of the Infrastructure Finance Corporation Limited. During this time he was involved in a number of infrastructure transactions in the region including the Nairobi Toll Road, the Gautrain, the Neotel rollout for the Tata Group, a pumped storage power station, a wind energy transaction and the new Mototolo platinum mine. Prior to that, he spent fifteen years working in the banking sector in London, first at Hill Samuel Bank and then at Bankgesellschaft Berlin where he was Co-Head of the Global Infrastructure Project Finance team. During this time he was also involved in several infrastructure transactions in Southern Africa, including the Petrozim Pipeline in Zimbabwe, the Lesotho Highlands Water project, the N4, N3 and N4 West toll roads as well as the first PPP prison projects in South Africa. Herc has a BAcc (Hons) qualification from the University of Stellenbosch and qualified as a chartered accountant at Deloitte Haskins & Sells in Cape Town.

Ravi Kalaichelvan

Ravi Kalaichelvan joined Pembani Remgro in 2011. Prior to that, he was a director at Kagiso Financial Services where he worked for 15 years. During this time, he was involved as a financial advisor and equity investor in infrastructure transactions in Southern Africa, covering telecommunication, transportation, power and PPP government buildings sectors. Before joining Kagiso Financial Services, he worked for Real Africa Durolink as a quantitative analyst and for Investec Bank as a risk management professional. Ravi holds a PhD in Mathematics from the University of Cape Town, an MSc (distinction) in Mathematics and BSc (Hons) (Physics and Mathematics) from the University of the Witwatersrand.

Megan Rous

Megan Rous joined Pembani Remgro in 2011 and is a qualified chartered accountant with 10 years of infrastructure advisory and investment experience. She completed her accounting articles at PricewaterhouseCoopers in Financial Services: Banking and Capital Markets, before moving to Kagiso Financial Services where she was part of the financial advisory and equity investment team focusing on large infrastructure and public-private partnership projects in the Southern African region, covering various sectors including telecommunications, transport, mining, water, energy and PPP government buildings. Megan holds a BBusSci (Finance Hons) and a Postgraduate Diploma in Accounting from the University of Cape Town.

Marcel Louw

Marcel Louw joined Pembani Remgro Infrastructure Managers in 2012 and has 13 years of fund management experience and 6 years of infrastructure specific experience. Prior to joining Pembani Remgro, he spent 5 years at The Carlyle Group as a Fund Associate for the European Structured Credit Group based in London where he managed four Collaterised Debt Obligation Funds. He was actively involved throughout the life cycle of the funds. Marcel previously worked at Goldman Sachs (London) in Loan Syndications and the Royal Bank of Scotland. He earned a BComm (Hons) degree in Financial Management from the University of Pretoria specialising in derivatives and is a member of the South African Institute of Financial Market (RPE Derivatives).

Kofi Adjepong-Boateng

Kofi Adjepong-Boateng is a merchant banker with over 30 years of banking experience. He co-founded FAH (formerly First Africa Holdings) in 1995 as a joint venture with S.G. Warburg & Co. Under his stewardship, FAH’s corporate finance subsidiary, First Africa, became a leading corporate advisor in Africa and was sold to Standard Chartered Bank in 2009. Following the sale, Kofi became a vice chairman at Standard Chartered. At different times in his career, Kofi was involved in private equity and project finance transactions across Africa. In addition to his involvement at Pembani Remgro, Kofi is a Member of the Board of Trustees of the School of Oriental and African Studies (SOAS), University of London and sits on the SOAS Nominations & Governance Committee. He also chairs the Advisory Board of the Economic Advancement Program of the Open Society Foundations, of which the Soros Economic Development Fund forms a part and was, until recently, Chairman of the Policy Committee of The Centre for the Study of African Economies at Oxford University. Kofi will put the experience gained over many years in Africa to work for the benefit of Pembani Remgro as a senior advisor to the group.

David Calaca

David Calaca joined Pembani Remgro in 2015. He is a qualified chartered accountant in South Africa and Australia, and is a member of the Australian Institute of Company Directors. He has 20 years of international mergers & acquisitions and corporate finance experience, of which the last 11 years have been focused on global infrastructure investment. David previously worked for 8 years in the private equity and infrastructure investment teams at Victorian Funds Management Corporation in Australia. He is a former Board member of the Birmingham Airport holding company and Semperian PPP Investment Partners holding company in the United Kingdom, and was previously on the investor advisory committee of Morgan Stanley Infrastructure Partners.


Michael Jacobs

Michael Jacobs joined Pembani Remgro in 2015. He is a qualified chartered accountant with 3 years’ investment banking and real asset investment experience. He completed his chartered accountancy articles at Deloitte, working in both Johannesburg and San Francisco, and focusing on general commerce. In 2012, Michael joined a boutique South African-based resource and mining investment company, which later established a separate private equity division, focusing on early-stage resource development projects across sub-Saharan Africa. Michael studied at the University of Cape Town, where he completed a B.BusSci (Finance Hons) and a Postgraduate Diploma in Accounting.


Helena Sathekge

Helena Sathekge joined Pembani Remgro in 2017. She has 13 years of project finance experience and has worked on several infrastructure projects across Africa. Prior to joining Pembani Remgro, Helena spent two years at Pele Energy Group and nine years at Standard Bank in the project finance team focusing on energy and infrastructure projects. Helena also spent two years with PricewaterhouseCoopers in their project finance and transaction advisory team. She holds a BComm degree from the Witwatersrand University in South Africa and a Masters in Finance and International Business from Aarhus Business School in Denmark.


Stella Mpofu

Stella Mpofu is a qualified chartered accountant with over 18 years of post-qualifying experience who joined the team in 2016. Prior to joining Pembani Remgro, Stella spent over 7 years as the Chief Financial Officer of the KZN Growth Fund, a fund providing debt and quasi-equity finance to qualifying infrastructure related projects based in the KwaZulu-Natal Province of South Africa. Before this she occupied various senior management roles at CGU Insurance Limited (Zimbabwe), Harod Spring Limited (Mauritius), Halifax Management Limited (Mauritius) and Merchant Bank of Central Africa Limited (Zimbabwe). She has extensive experience in financial and treasury management, banking, internal audit and corporate finance advisory. Stella holds a BCompt Degree (UNISA) and Post Graduate Diploma in Applied Accounting (University of Zimbabwe). She completed her articles with Coopers & Lybrand and admitted as a member of the Institute of Chartered Accountants in Zimbabwe in 2000 and South Africa in 2006.


Aletsia Marais

Aletsia Marais joined Pembani Remgro in 2017. She is a qualified chartered accountant and has 12 years of experience in the financial services industry. She completed her articles and subsequently continued her career at PricewaterhouseCoopers, with the last five years as a senior audit manager on audits of local and international listed companies. Aletsia will add strong technical accounting and tax knowledge to the team. She studied at the University of Stellenbosch, where she completed her BComm (Hons) in Accounting.


Anja Gerber

Anja Gerber joined Pembani Remgro in 2018. She is a qualified chartered accountant and has four years of auditing experience in the construction and the financial services industries. She completed her articles and subsequently continued her career at PricewaterhouseCoopers, with the final two years spent as manager on audits of listed and unlisted companies in South Africa and the Netherlands. She studied at the University of Stellenbosch, where she completed her BComm (Hons) in Accounting.