PAPE Fund Managers is a South African private equity investment outfit launched in 2008. The firm’s most recent fund, PAPE Fund 3, invests in mid-cap, unlisted and cash generative South African businesses. Africa Private Equity News speaks to Zuko Kubukeli, CEO of PAPE Fund Managers, about the firm’s investment strategy, the impact of Covid and his most successful deal to date.

From an investment perspective, which sectors of the South African econ...