Private Equity

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Perseus VC 1

Perseus VC1 is a SARS registered Section 12J Venture Capital Company based in Pretoria. It helps taxpayers pay less tax by investing in local businesses via a...

Perseus VC 1 logo

Perseus VC 1

Perseus VC1 is a SARS registered Section 12J Venture Capital Company based in Pretoria. It helps taxpayers pay less tax by investing in local businesses via a Section 12J Venture Capital Company. The firm empowers individual taxpayers to create wealth through secure investment into a Section 12J company and is associated with CMV Group (FSP License No 48973).

General information

Firm type

Private Equity

Year founded

2019

Location

Region

Africa

Country

South Africa

City

Pretoria

Corporate office

Pretoria, South Africa

Principals

Christo Bosch

Co-Founder

Sector focus

Private Equity

Frequently asked questions

What is a Section 12J venture capital company, and why does Perseus VC 1 use this structure?

South Africa's Section 12J of the Income Tax Act allows individual taxpayers to deduct the full amount they invest in a registered venture capital company from their taxable income. Perseus VC 1 was founded as a SARS-registered Section 12J VCC to combine this tax incentive for investors with CMV Group's existing client relationships. The firm's vision statement explicitly lists empowering taxpayers "to create wealth by paying less" as a core objective.

Does Perseus VC 1 provide any liquidity mechanism for investors?

The firm's website states an intention to list on ZARX, a South African stock exchange, so that investors can hold and sell shares. As of the most recent public disclosures, no listing date has been announced, and no trading history exists. Investors are currently in a private-company structure with no public secondary market.

Who runs investment decisions at Perseus VC 1?

Christo Bosch is the named co-founder and the individual responsible for researching the Section 12J structure and bringing the concept to fruition at CMV Group. No investment committee, additional investment professionals, or external advisors are disclosed. The broader CMV Group leadership and professional staff provide accounting, tax, and operational support.

Has Perseus VC 1 disclosed any portfolio companies or performance data?

No. As of mid-2026, the firm has not publicly named any investee companies, reported portfolio valuations, disclosed AUM, or published performance figures. All public information is limited to the 2019 launch announcement and the firm's own website, which contains no performance track record.

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