Basileus Capital The founders of Basileus Capital have been involved in private equity since 2002.  They broke away from their previous employer and formed Basileus Capital in March 2008.  Since inception, the team has grown to in excess of 45 people.  Basileus Capital focuses on the developmental sub-sector of the private equity sector.  This encompasses growth and development finance, turnarounds, special opportunities and venture capital.

The principals behind Basileus Capital are James Ngculu and Julian Williams.  Prior to forming Basileus Capital and during his tenure as chief executive of Basileus Capital, Julian Williams has gained close on ten years' experience in development capital opportunities within the private equity sector.  James Ngculu has held various non-executive positions in the private equity industry since 2005.  During their association Julian Williams and Ngculu founded numerous companies that were to grow substantially while under their charge, the most notable of which was Wesizwe Platinum Limited.

There have been numerous other projects such as the successful trade sale of a Uranium business (Great Karoo Metals) which was established in 2005.  This was then sold to Uramin-Lukisa JV Proprietary Limited, a subsidiary of Uramin Inc. (who was recently acquired by Areva, the large French Nuclear Energy specialist) yielding an internal rate of return in excess of 50% on invested capital. 

As the pair established a track record of successful projects and companies, they became aware of the need to develop an independent investment house that was solely focussed on developing and financing high risk investment opportunities.  For this reason they formed Basileus Capital.

Through their initiatives Julian Williams and James Ngculu have managed to generate significant economic value for previously disadvantaged communities.  As such the duo has a strong ability to interact with communities and the government.  Their successes have also managed to further government policies of broad based black economic empowerment and local beneficiation.

To date Basileus Capital has operated in a range of sectors in South Africa and have recently extended their operations outside of South Africa.   Currently, Basileus Capital is working on in excess of 50 projects.

Julian Williams and James Ngculu have been able to capitalise on and develop the experience of their team over the past eight years.  The consistent growth, increased experience, capacity and capability of Basileus Capital coupled with a strong balance sheet means that Basileus Capital is well-poised to make meaningful and immediate investments.