How private equity in Namibia has helped curb the outflow of capital, provided alternative financing options, and provided access to capital for domestic investment opportunities.
Peter Johns regularly advises clients both locally and internationally on various corporate and commercial matters, including formation, structuring and restructuring of business entities, mergers and acquisitions – including related financing and structuring of financial transactions.
He also heads the Competition department of ESI advising clients on all aspects of competition law, including, merger control, prohibited practice investigations and competition law compliance.
He has assisted clients from a variety of market sectors including, financial services, private equity, marine resources, agriculture, ICT and property development.
Experience has included advising:
- A local private equity fund with regard to an investment into a special purpose vehicle providing municipal services to a private property development to the value of NAD38 million, including advising on the financial structure of the project
- A local private equity fund with regard to an investment into a plastic manufacturing company to the value of approximately NAD35 million
- A local private equity fund with regard to an investment into an agribusiness to the value of approximately NAD25 million
- Various private equity funds participating in the Government Institutions Pension Fund unlisted property investment portfolio, with the private equity funds collectively sourcing committed capital in excess of NAD300 million to date
- A state-owned enterprise on the procurement of development finance from the Green Climate Fund (NAD930 million) and French Development Agency (NAD178 million) and various related projects
- A state-owned enterprise on the acquisition of a dockside property in Walvis Bay and subsequently the establishment of an onshore horse mackerel processing plant on the property, valued at NAD500 million
- On the establishment and structuring of an investment vehicle for the joint investment by a group of fishing rights quota holders, with the vehicle subsequently acquiring a minority share in a fish processing company, worth NAD75 million
- A major local commercial bank on the merger control aspects relating to the acquisition of a financial services group that provides investment management and wealth management services managing in excess of NAD8 billion of third-party capital
- The Bank of Namibia and Namibian government in relation to their Eurobond issue of EUR750 million
- Various private equity funds on the establishment, registration and regulatory compliance of private equity funds sourcing pension fund investors, including compliance with the newly promulgated Regulation 29 of the Pension Funds Act 24 of 1956
- Three local private equity funds in their structuring, establishment and fund sourcing, focusing on infrastructure investments, which funds have sourced approximately NAD1.5 billion investment capital
- Legal practitioner admitted to the High Court of Namibia (2009)
- Rand Afrikaanse Universiteit (now University of Johannesburg), LL.B. (2004)
- Rand Afrikaanse Universiteit (now University of Johannesburg), BComm Law (2003)
- Ranked as an up-and-coming lawyer in Chambers & Partners Global (2019)
- Chambers & Partners Global states: Peter is noted by market sources as, “definitely one of the up-and-coming guys in the commercial field.” (2018)
- 2005 to 2010, Legal Advisor, Office of the Attorney General of Namibia