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South African company OutsourcedCFO has teamed up with City of Cape Town councillor Garreth Bloor to launch Glenheim, which will bring investors from around the world into emerging local tech companies.

Bloor will be managing director (MD) of Glenheim, which will be launched in August and see him head up a team focused on dedicated fundraising, venture capital investments and business development.

The new company will help structure business development and network expansion through its partnerships for high growth investment-ready companies, with the team having combined hands-on experience in over 200 companies and a geographic reach including the likes of United States (US), Netherlands, China and Brazil.

“Bloor’s entrepreneurial background and above average growth while heading economic development in local government are just two of the factors that make us extremely pleased to announce this deal,” said Louw Barnardt, co-founder of Outsourced CFO.

“Beyond his work in government, Bloor has been recognised as a member of the US-based Harambe Entrepreneur Alliance and the African Leadership Network, among others, and is a member of numerous global networks. His entrepreneurial vision, strong values and incredible work ethic will surely be an asset to our growing team.”

Glenheim will work across sectors, with a large focus on connecting scaling tech companies to venture capital and private equity investment.

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