C o m m u n i t y   I n v e s t m e n t   V e n t u r e s

Khudusela Pitje - Executive Director


Education

1998 • B.Comm degree from the University of South Africa - one of the top 30 students out of 2000 students and also the top black student.
1999 • CTA
2000 • CA (SA)

Business Career

1999 • Served articles with Price Waterhouse Coopers and qualified as a Chartered Accountant
2002 • joined JP Morgan SA and was later seconded to the London office for two years. During his stay at JPMorgan, Khudu was involved in some high profile transactions including Telkom SA, Iscor, Ibedrola and TFL. His primary focus was on Telecommunications
  • Founded Abacus Financial Services and facilitated the support of the Dept. of Housing
  • Assisted Alan Dick Group (Communication infrastructure integrator) to establish operations in SA, an office which now accounts for 50% of their revenue in SADC region
2003 • Left JPMogan to start an investment company, New Heights, focusing on SMMEs
2006 • Co founded NewGx Capital with Dr. Eugene Mokeyane and invested in CI Ventures. Executive responsibilities include deal sourcing and negotiation, fund-raising and ongoing management of portfolio companies

Board Positions

• CI Ventures and underlying portfolio companies

• Shangoni Management Services (Environmental risk management consultancy)

• Trainiac SA Pty Ltd (creative learning solution company)

• New Heights Pty Ltd

• Harambe Technologies (broadcast equipment company)