Author: Julius Cobbett
Date Published: 27 July 2012
UPDATE: With comment from BK One’s CEO Dean Richards.
JOHANNESBURG – Basileus Capital CEO Julian Williams played a key role at BK One, a company whose preference shares are listed on the JSE. Williams was shot and killed in his Cape Town offices on Thursday afternoon. See: Former hedge fund boss dies in shooting incident.
Williams was not a director of BK One, but he was instrumental in developing and managing its various investments. These investments include equity stakes in:Avalloy, a producer of specialist alloys; Pure Ocean, a farmer of salt- and fresh-water fish; and TOR Construction. BK One had also lent R33.8m to cash management company Cash Connect.
Williams was a director of each of these companies, and Basileus Capital had played a key role in their early development. BK One has sourced all of its investments from Basileus Capital.
Williams founded JSE-listed Wesizwe. He served as director at the junior platinum company until his removal in March last year.