Boutique Private Credit

About Us

The Boutique Private Credit Fund draws inspiration from the visionary investment philosophy of Professor Adrian Saville, shaped by decades of research and practical experience.

Through his years of experience, he recognises that many high potential SME’s across Africa are underserved and face significant barriers to funding through traditional avenues.

In response to this, Boutique Private Credit Fund offers a blend of tailored debt financing solutions for businesses and projects across the continent, with a particular focus on businesses within the Southern African Development Community (SADC) member states.

The Fund objective is to deliver compelling, risk adjusted returns for investors while fostering economic development and advancing financial inclusion across the region.

Boutique Private Credit Fund offers more than just financial returns – it presents a chance to be at the forefront of Africa’s economic transformation.

With Adrian Saville’s decades of expertise guiding this initiative, the Fund is poised to deliver both impactful outcomes and financial performance.

Fund Snapshot

Managers

Boutique Alternative Managers (Pty) Ltd

Minimum Investment

R100 000

Term

10 Years

Liquidity

Option of early redemptions, subject to a 12 month lock in period and a 6 month notice period.

Structure

en commandite partnership

Preferred return to limited partners

Jibar +1%

Target return

Jibar +6%

Meet the Team

Prof. Adrian Saville

Adrian Saville brings 30 years of experience in capital markets and investment management, having worked across public and private markets and founded a successful boutique investment firm. Alongside his industry expertise, he is a Professor of Economics and Finance, holding multiple academic accolades and international qualifications in competitive strategy, financial markets, and investment management.

Jeff Miller

Jeff Miller is a seasoned Chartered Accountant and serial entrepreneur with over 30 years of experience investing in unlisted companies across diverse industries. He is a pioneer of Section 12J and 12B tax-incentivised investment structures in South Africa. Jeff co-founded Grovest, South Africa’s leading administrator of small-cap funds with over R3.6 billion in assets under administration.

Wian Van Wyk

Wian van Wyk is a certified financial planner and portfolio manager with deep expertise in bespoke investment structuring for high-net-worth individuals and corporates. He currently serves as Portfolio Manager and Director at Boutique Asset Management, where he focuses on segregated mandates, cash management strategies, and risk-aligned portfolio construction.

Grant Willemse

Grant Willemse is a Chartered Accountant and seasoned executive with over 35 years’ experience in corporate finance, operations, and strategic advisory across sectors including media, advertising, and alternative investments. He currently serves as CEO of Grovest Corporate Advisory, where he leads corporate structuring, governance, and investment execution for a broad portfolio of fund clients. Grant’s prior roles include COO of Primedia Unlimited and CFO of Saatchi & Saatchi South Africa.

Moshe Unterslak

Moshe Unterslak is a strategic leader with experience across fund management, consulting, and venture support. Currently Group Head of Special Projects at Grovest, he oversees a R250 million Section 12J Fund-of-Funds, leads capital raising initiatives, and drives group-wide strategic and operational projects. With a strong background in governance, financial modelling, and organisational design, Moshe has held key roles at The Choice Architect, Letsema Consulting, and Investec.

Tivon Loubser

Tivon Loubser is the co-founder and CEO of Honeycomb Alternative Solutions, where he leads strategy, capital raising, and product development for a fintech platform focused on private capital. Previously a Fund Manager at Twelve B Fund Managers, Tivon oversaw a R200 million solar PV portfolio and led investor engagement, deal origination, and financial modelling. He holds an Honours degree in Business Science (Finance & Accounting) from the University of Cape Town.

Tivon Loubser

Fund Manager

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