28th of November to 3rd of DecemberITINERARY

WORK IN PROGRESS (SUBJECT TO CHANGE)

CAPE TOWNSouth Africa

IMPACT INVESTING EXCURSION 2019

Center for Sustainable Finance and Private Wealth (CSP), University of Zurich | Plattenstrasse 32, 8032 Zurich, Switzerland | www.csp.uzh.chCenter for Sustainable Finance and Private Wealth (CSP), University of Zurich | Plattenstrasse 32, 8032 Zurich, Switzerland | www.csp.uzh.ch

INTRODUCTION PEOPLEThe 5-day impact investing excursion to Cape Town, South Africa, is designed for current and future impact investors. The excursion will provide participants with an opportunity to learn about the realities of the local entrepreneurial landscape, meet potential investees and get an immersive, hands-on and fun insight to impact investing on the ground. The excursion is organized by CSP, the Center for Sustainable Finance and Private Wealth, of the University of Zurich in collaboration with the Bertha Centre for Social Innovation and Entrepreneurship of the Graduate School of Business of the University of Cape Town. The excursion takes place from the 28th of November to the 3rd of December and is the first MultiGen excursion organized by CSP.

CSP has led impact investing excursions since 2017. Past excursions have taken us to Rwanda (2017 and 2018), Kenya (2018), South Africa (2018), and Brazil (2019). For an impression of previous Impact Investing Excursions, take a look at our videos from along the way.

Visit innovative enterprises and get a unique and hands-on deep-dive insight into social entrepreneurship and impact investing.Meet and discuss with locals at their workplace and in social settings.Enjoy get-togethers, dinners and drinks with local entrepreneurs, investors, and experts. Experience the rough natural beauty of the Western Cape in an unforgettable outing with a wilderness guide and coach who uses nature immersion as a tool for personal and professional development.

The main impact investing themes we will cover include:

We will:

Township economy: Given South Africa’s history, the excursion would be incomplete without diving into township realities. We will visit ventures that address key challenges prevalent in this specific market.Conservation finance: We will learn from experts about different ways of financing conservation efforts. Impact Investing in practice: We will discuss and explore how to strategically integrate sustainability across all asset classes in large portfolios.

“Meeting social entrepreneurs, connecting with fellow investors, and understanding the national

entrepreneurial appetite in Rwanda to push this kind of

investment was really like a once in a lifetime experience. I am

looking forward to sharing this back home with my family.”

Radhika Kumar Rwanda

Impact Investing Excursion

Christopher Clarke is an experienced clean energy investor with deep knowledge and insight about the clean energy markets in Africa. He has more than 25 years of entrepreneurial, business, project development and corporate governance experience. Christopher co-founded Inspired Evolution Investment Management in 2007 where he is managing partner and an investment committee member. Inspired Evolution is sub-Saharan Africa’s leading specialized clean energy and resource efficiency investment advisory platform. Inspired Evolution manages USD300 million in capital commitments under its Evolution funds for equity investments across the sub-Saharan Africa region.

Below are some of the experts, entrepreneurs, thought leaders, and organizers you will meet on the South Africa Impact Investing Excursion 2019. The list is not exhaustive.

Natasha Dinham’s work in innovative finance has focused on impact monetization and the use of grant funding to catalyze private sector investment for impact. Before joining the Bertha Centre she worked for the Dutch development bank (FMO), where she designed, funded, and monitored projects with a high social, economic, and environmental impact. She sat on the technical assistance advisory committee of two international impact investing funds focusing on micro and small business finance. Natasha’s portfolio included innovative incubation for SMEs, green bonds, and access to finance for under-served groups such as women, youth, and refugees. Natasha has experience in consulting, collaborating with public, private, and donor-sector clients on a range of issues including fund and foundation design, job creation, and youth unemployment.

Peter Fearnhead (TBC) is the Chief Executive Officer and co-founder of African Parks. He has been involved in formal conservation since the age of 13, when he developed a 2,000-acre wildlife reserve on the school campus in his native Zimbabwe. His professional career started as a management consultant with Deloitte specializing in strategy, before joining South African National Parks (SANParks). Peter has been at the forefront of innovations in conservation for over twenty years, with a particular focus on the commercial sector and conservation strategy. Amongst other initiatives, Peter conceptualized and implemented the commercialization program at SANParks, concluded multiple contract-park agreements which expanded the national conservation footprint, formulated African Parks, and established the African Parks Endowment Fund.

Britta Gruenig is the Head of Wealth Owner Programs at CSP. She facilitates dialogue with wealth owners and designs programs together with key ecosystem partners, thought leaders, and impact investors. Before joining the CSP, Britta had an 11-year career at UBS where she designed and facilitated the global program for next-generation wealth owners. She spent two years in Shanghai, Singapore, and India in diplomacy and grassroots. Her first answer to having impact was creating smiles. That is why she launched her 14-year career as a clown at age seven. Britta comes alive with conscious practices including life coaching, yoga, conscious dance, and hiking and gets into flow in her painting atelier.

Karim Harji brings over a decade of international experience in impact measurement and impact investing. He is a Senior Fellow with the J.W. McConnell Family Foundation, Programme Director of the Oxford Impact Measurement Programme at the Said Business School, University of Oxford, and Managing Director at Evalysis, an impact measurement and management consultancy. He is an Associate Fellow at the Said Business School at the University of Oxford, where he also teaches in the Oxford Impact Investing and Social Finance executive education programs and is a Senior Research Associate at the Carleton Centre for Community Innovation at Carleton University.

Fleur Heyns started her career in investment banking after graduating from Oxford University with a BSC in Biochemistry. At the age of 23, she co-founded and ran Africa’s first FinTech business, a retail derivatives trading platform Global Trader, expanded this to four continents and sold the company in 2007. After a short social entrepreneurship course in 2009 at INSEAD she decided to dedicate all her resources and effort to impact. She is an entrepreneur, investor, and advisor to many impact initiatives that all share the same purpose of delivering on maximum impact in a commercially viable way. Her two latest ventures are 17AssetManagement and Proof of Impact, which is an impact verification company leveraging blockchain innovations.

Center for Sustainable Finance and Private Wealth (CSP), University of Zurich | Plattenstrasse 32, 8032 Zurich, Switzerland | www.csp.uzh.chCenter for Sustainable Finance and Private Wealth (CSP), University of Zurich | Plattenstrasse 32, 8032 Zurich, Switzerland | www.csp.uzh.ch

PEOPLE PEOPLEJanjarang Kijtikhun is a sustainability, ESG, and public-private sector collaboration specialist. As the Program Manager for Wealth Owner Programs at the CSP, her current work focuses on building and maintaining active relationships with CSP alumni, partners, and friends. Her focus is in supporting this unique network of impact-minded investors to drive learnings and intentions forward into actions in the impact investment world. Before CSP, Janjarang consulted for the United Nations, several governmental agencies worldwide, startups, and multinational firms. She also contributed to the Economist’s Intelligence Unit and ‘Thailand’s Sustainable Business Guide’, a book on how to prepare businesses for the future by integrating sustainability practices.

Luvuyo Rani (TBC) has been on an epic 15-year journey since his humble beginnings in Khayelitsha. He is the founder and managing director of IT services company Silulo Ulutho Technologies and the winner of the WEF Schwab Foundation social entrepreneurship award in 2016. Established inside townships and poor communities in South Africa, Silulo provides educational and entrepreneurship opportunities through a franchising model. Silulo started in 2004 by selling refurbished computers and soon expanded to information technology training and servicing. The branches also offer services, such as CV writing and employment advice aligned with Silulo’s “one stop shop” philosophy.

George McPherson is a founding partner and member of the investment committee of Criterion Africa Partners, a private equity firm investing across timber and agriculture value chains in Sub-Saharan Africa. Prior to forming Criterion Africa Partners, he was the Managing Director responsible for raising over $1 billion for the Global Environment Fund (GEF) for growth equity and buyout investments in the US and emerging markets, including sub-Saharan Africa, Asia, and Latin America. Prior to his private equity career, George was responsible for new business development and corporate ventures for Hewlett-Packard and began his career as a systems design engineer in the aerospace industry. He holds a Master of Business Administration from George Washington University and a Bachelor of Science in Electrical Engineering from the State University of New York at Buffalo.

Kyle Ueckermann is the Founder of Vollar. He is a serial entrepreneur who’s passionate about people and technology, is on a quest to build a better world. Kyle wasn’t a star student, suffered most of his life with an anxiety disorder, and wasn’t stimulated by the traditional education system hence never opted to attend university. Yet, this didn’t hold him back. His entrepreneurial spirit pushed him to continually explore new things. Kyle spent the bulk of his twenties co-founding a company that is using technology to help individuals reach the needs of their communities. This company ended up raising investment in the US and is currently based in Dallas. In 2018 Kyle resigned from his company and then moved back to South Africa to pursue an even more ambitious idea that he believes has the potential to eradicate avoidable poverty in our lifetime. And so, Vollar was founded.

Danai Musandu is a member of the South Africa Goodwell team, where she is in charge of the development of the investment process. She aspires to contribute to the inclusive growth for Africa and to ensure that local solutions answer local problems. Danai holds a BCom PPE (Politics, Philosophy, and Economics) and a postgraduate Honors Degree in Economics. Her previous involvement in UCT Upstarts and the UCT Entrepreneurs Society has fed her passion and interest in entrepreneurship and innovation in Africa. Danai and her team are currently working on a research project about the future of inclusive digital economy in Africa, having mapped and researched 2000 start-ups and scale-ups in Africa. She is particularly interested in the future of technology and sectorial convergences in Africa as a means of building the digital infrastructure of the continent.

Thomas Venon has accumulated twenty years’ experience in the asset management and investment banking industry. His work focuses on the application of financial engineering and structured solutions to the mobilization of private capital for impact investing in developing countries. Before founding Eighteen East Capital, Thomas was the head of institutional business at the pan-African investment group African Alliance, a director at S&P, at RBS, and at ABNAmro, where he was responsible for Europe within the investment trusts team. He holds an MBA from the University of Cape Town and a master’s degree in Applied Finance from the University of Melbourne.

Falko Paetzold is an impact investing activist, researcher, and entrepreneur. He is the Initiator and Managing Director of the CSP. CSP is a spin-off from the Next Gen Impact Investing program that Falko co-initiated at the Initiative for Responsible Investment at Harvard University. Before CSP, Falko was a fellow at Harvard, a postdoctoral researcher at MIT Sloan, Sustainability Analyst, and M&A Consultant at Bank Vontobel, and partner at the sustainable investing consultancy Contrast Capital. Falko founded GreenBuzz, an international network of sustainability intrapreneurs.

Aunnie Patton Power is the founder of Intelligent Impact, an Entrepreneur in Residence at the Skoll Centre for Social Entrepreneurship, an Associate Fellow at the University of Oxford’s Saïd Business School, a Visiting Fellow at the London School of Economics’ Marshall Institute, and an advisor to the Bertha Centre for Social Innovation at the University of Cape Town’s (UCT) Graduate School of Business. A reformed M&A investment banker, she began her impact investing career in 2010 with Unitus Capital in Bangalore and has since worked with start-ups, intermediaries, funds, family offices, foundations, corporates, and governments across Africa, Asia, Europe, and North America. Aunnie has designed millions of dollars worth of innovative financing instruments including the first social impact bonds in Africa.

Peter Raimondo has over 22 years of experience in the field of nature education. He has worked extensively for the Wilderness Leadership School as a master guide, trained for the Wilderness Foundation, and currently coaches private and corporate clients. Peter is a registered executive coach and holds a bachelor’s degree with majors in Philosophy, Anthropology and Environmental and Geographical Sciences from the University of Cape Town. Peter is the Founder of Wild Life Foundation and Wild.Life, an immersion programme in African wilderness areas.

Tim Johnson

Center for Sustainable Finance and Private Wealth (CSP), University of Zurich | Plattenstrasse 32, 8032 Zurich, Switzerland | www.csp.uzh.chCenter for Sustainable Finance and Private Wealth (CSP), University of Zurich | Plattenstrasse 32, 8032 Zurich, Switzerland | www.csp.uzh.ch

SATURDAY, 30 NOVEMBER: DAY 2 - CONSERVATION

FRIDAY, 29 NOVEMBER: DAY 1 – TOWNSHIP ECONOMIES

Morning

09:00

Meet at the UCT GSB

Meet together before departure.UCT Graduate School of Business

10:00-12:00

Achieving Sustainability in the Winelands

A tour of Boschendal Wine Estate, a WWF SA Conservation wine champion. We will hear about their journey and how becoming a sustainable and profitable business has had a tangible effect on the sustainability of the farm, the environment, and wildlife.

Boschendal Wine Estate

LunchThe Werf Restaurant

Lunch at the Werf Restaurant at BoschendalBoschendal Wine Estate

Afternoon

14:00-16:00

Approaching agriculture in an innovative way: Lona Group

Lona is one of the five largest exporters of citrus products in South Africa. Spencer Johnson will walk us through how combining business sustainability and socioeconomic development at every level of value chains looks like in practice – and why having impact as a key business model can strengthen the operation as a whole.

Imibala Orchards

16:45-17:45

Vollar

We will make a stop just outside Boschendal to meet Kyle Ueckermann, the Founder of Vollar. As an early stage volunteer-based currency startup, Vollar has developed a digital tracker for doing good deeds. Vollar tracks the time users spend doing social good with local nonprofit organisations, directly representing the time as currency and generates real impact data.

Vollar

Dinner

19:30-22:00TBC

Morning

07:15

Meet at the UCT GSB

Meet together before departure. We will be travelling to the Bandwidth BarnUCT Graduate School of Business

08:30-12:30

Emerging Technologies and the Future of Impact Finance

As South Africa’s only township-based tech hub, the Khayelitsha Bandwidth Barn, is a key enabler of inclusive innovation, supporting entrepreneurs and organisations creating products and services for township economies.

Morning lecture will be led by Aunnie Power and Karim Harji.

Khayelitsha Bandwidth Barn

Lunch

12:30-13:30Catering Lunch at Philippi Village - TBA

Philippi Village

Silulo

Clothing Bank

Afternoon

13:30-17:30

Entrepreneurship in the Townships

Meetings with various organizations and businesses doing impact work in the townships. Luvuyo Rani (TBC)/Clothing Bank, founder of Silulo and winner of the WEF Schwab Foundation social entrepreneurship award, will give us a tour. Additionally, Phaphama SEDI, a UCT student run consulting initiative for entrepreneurs in townships, and their entrepreneurs will also join us for the trip.

Luvuyo will take us on a tour of Silulo branches, explain how all started as a single internet café in the Khayelitsha Townships, and how it has transformed into a revolutionary company that provide IT services and training to the townships of South Africa.

Philippi Village

Silulo

Clothing Bank

Dinner

19:30-21:30

Braai for Change

A braai (South African barbeque) with Oribi Village, a social entrepreneurship incubator located in the heart of Cape Town and one of an incubator of GROUPE SOS Pulse, a program supporting entrepreneurship and the creation of social and environmental innovations around the world. We will enjoy a braai together with a number of local social entrepreneurs and changemakers.

All products will be sourced locally and the Braai will have plenty of vegetarian options. Moreover, the Braai will be joined by a dance group, etc.

Oribi Village

THURSDAY, 28 NOVEMBER: ARRIVALS & KICK OFF

All dayArrivals and hotel check-in

Explore the city at your own leisure.

Recommended areas: Waterfront, Greenpoint, Sea Point

Kick-off

17:30-21:30

Networking event hosted by the Bertha Centre for Social Innovation and Entrepreneurship

We will meet together before heading to the event altogether.

We will have an opportunity to meet with over 80 private and institutional investors from all around the world and attend a pitching event including five funds and several social entrepreneurs.

Meeting Point: TBA

Networking Event Venue: TBA

Boschendal Wine Estate

Center for Sustainable Finance and Private Wealth (CSP), University of Zurich | Plattenstrasse 32, 8032 Zurich, Switzerland | www.csp.uzh.chCenter for Sustainable Finance and Private Wealth (CSP), University of Zurich | Plattenstrasse 32, 8032 Zurich, Switzerland | www.csp.uzh.ch

SUNDAY, 1 DECEMBER: DAY 3 – ME AND IMPACT: WILDERNESS OUTING 1

MONDAY, 2 DECEMBER: DAY 4 – ME AND IMPACT: WILDERNESS OUTING 2

Departure

07:00

We will meet for an early breakfast and get ready for our wilderness outing to get your first glance at the Western Cape countryside.

We will stop on the road and meet our wilderness guide Pete Raimondo from Wild.Life. He will take us to see cave paintings - and tell us what the bushmen wanted to say through the images.

During our hike we will dive into the beautiful roughness of African wilderness before we settle at our camp site and prepare dinner together. We will use the time on the path to reflect on our individual life journeys and on our journeys as impact investors.

We will sleep and dream under the stars and take shifts for the night-watch.

Morning

07:00

We will sit together and share thoughts and ideas that may have come up over night. After packing up our camp, we will head back to the vehicles and take a slow and easy drive back to town, enjoying a lovely healthy lunch a Citrusdal, the valley of citrus fruit, along the way.

We will return to Cape Town approximately at 15:00, freshen up and make our way to Cocktails for Impact.

TBCImpact Dinner

Hosted by Fleur Heyns, we will mingle, get-to-know, and have meaningful conversations with local impact investors.

TBC

TUESDAY, 3 DECEMBER: DAY 5 – IN PRACTICE & DEPATURE

Morning

08:00-09:30

Breakfast discussion

Breakfast discussion with Thomas Venon of Eighteen East Capital on how to develop the impact investing market infrastructure in the region. The session will be joined by Prodigy Finance, a fintech platform that enables financing for international postgraduate students. We will also meet JUMO, the technology platform for operating inclusive mobile financial services.

Tashas Waterfront

10:00-12:30

Impact Investing in Practice

In this session we will meet thought leaders, CEOs and high-level managers from:

Criterion invests in Sub-Saharan Africa across the forestry value chain including plantation rehabilitation, production of building materials, and biomass energy generation.

Goodwell investments is a pioneering investment firm focused on financial inclusion, fintech, and inclusive growth in sectors providing basic goods and services and income generation opportunities to the underserved.

Inspired Evolution is pursuing a pipeline of new clean energy projects across sub-Saharan Africa at various stages of development. Inspired Evolution focuses on clean energy infrastructure-type development and project finance investments; and energy and resource efficiency growth investments.

The Bertha Centre for Social Innovation’s mission is to pursue social impact towards social justice in Africa, through teaching, knowledge-building, convening and catalytic projects with a systems lens on social innovation.

SAB Foundation invests in entrepreneurs and social innovation. The foundation established the Social Innovation Fund and Accelerator. The programme offers entrepreneurs the skills, and funding required for immediate success, but also positions them for future rounds of funding from other investors.

UCT Graduate School of Business

Lunch

12:45-15:00

Closing Session and Private Lunch

Our last official meal together before departure – we will be formally closing the trip with reflections, feedback and a collection of next step ideas.

Grand Africa Café & Beach

Afternoon

Departure

Additional meetings

One-on-one meetings with companies visited or ones that are based in Cape Town can be organised upon request.

Clinton Naik

LOGISTICS

CONTACTS

Travel and visa

Participants must make their own arrangements to and from Cape Town, South Africa. The same applies to participants who require a visa for entry to South Africa. Should you require any assistance with the issuance of a visa, please contact us.

Accommodation

Participants are responsible for making their own accommodation arrangements. As the meeting point will be at the UCT Graduate School of Business (9 Portswood Rd, Victoria & Alfred Waterfront, Cape Town, 8002, South Africa), the recommended areas are Waterfront, Greenpoint, Sea Point. Please note that you will have to arrange transportation to the meeting point yourself. There is Uber service in Cape Town.

Insurance

Participants must make their own insurance arrangements. Having a sufficient level of travel, health, and accident insurance is mandatory.

Dietary restrictions

Participants must inform CSP team of their dietary restrictions in advance.

Fees

The fee for the excursion is CHF 3200.- per person, excluding accommodation, flights to and from Cape Town, and personal expenses such as insurance, meals, and drinks that are not organised as part of the excursion.(Early Bird discount: the fee is reduced to CHF 3000.- per person for those who register and complete the payment by October 15, 2019)

Registration and deadline

For more information and to sign up, please reach out to Janjarang Kijtikhun, Program Manager of the Wealth Owner Programs at janjarang.kijtikhun@bf.uzh.ch. Please note that the registration and payment deadline is October 31, 2019.

Rowan Spazzoli

Phone/Whatsapp: +27 (83) 473 7463 E-mail: rowan.spazzoli@uct.ac.za

Janjarang Kijtikhun

Phone/Whatsapp: +41 76 664 45 78 E-mail: janjarang.kijtikhun@bf.uzh.ch

Britta Gruenig

Phone/Whatsapp: +41 78 818 28 78 E-mail: britta.gruenig@bf.uzh.ch

Photos byClinton Naik, Tim Johnson