One Thousand & One Voices Management, LLC, a Delaware limited liability company (“One Thousand &
One Voices Management”), is an alternative investment manager that commenced operations in May 2013
and is owned by Hendrik F. Jordaan. Mr. Jordaan serves as Chief Executive Officer and manager of One
Thousand & One Voices Management since inception and as Chief Compliance Officer since January 15,
2019.
One Thousand & One Voices Management, together with two of its affiliated investment advisers, One
Thousand & One Voices Management (Mauritius, Ltd.) (the “Mauritius Manager”) and One Thousand & One
Voices Advisory Services Proprietary Limited (the “South African Manager”), are registered investment
advisers that provide investment advisory services to One Thousand & One Voices Africa Fund I, L.P. (the
“Africa Fund”), and may provide similar services to other investment vehicles in the future. Family Legacy
Capital Credit Management, LLC (the “Credit Manager”), which is also a relying adviser of One Thousand
& One Voices Management, is a registered investment adviser that provides investment advisory services
to Families-Backing-Families Credit Fund I, L.P. (the “Credit Fund”, and together with the Africa Fund, the
“Funds”), and may provide similar services to other investment vehicles in the future.
One Thousand & One Voices Africa Fund I Investors, L.P. and Family Legacy Capital Credit Investors, LLC
(the “General Partners,” and together with One Thousand & One Voices Management, the Mauritius
Manager, the South African Manager and the Credit Manager, and their affiliated entities, “One Thousand
& One Voices”), serve as each Fund’s general partner, as applicable. The General Partners are subject to
the Advisers Act pursuant to One Thousand & One Voices Management’s registration in accordance with
SEC guidance. This Brochure also describes the business practices of the General Partners, which operate
as a single advisory business together with One Thousand & One Voices Management, the Mauritius
Manager, the South African Manager and the Credit Manager, as applicable.
The Funds are structured as private equity funds that invest through negotiated transactions in operating
entities, generally referred to herein as “portfolio companies.” With respect to the Africa Fund, One
Thousand & One Voices seeks to invest the Fund primarily in controlling or influential minority positions in
growth equity opportunities and mezzanine debt investments in private companies formed, or with
operations in, Sub-Saharan Africa. With respect to the Credit Fund, One Thousand & One Voices seeks to
invest in portfolio company debt instruments and in secondary credit securities of portfolio companies with
a focus on North America. One Thousand & One Voices’ investment management services include
analyzing, selecting, monitoring and maintaining the investments. Principals of One Thousand & One Voices
and principals of its affiliates typically also serve on the board of directors for portfolio companies invested
into by the Africa Fund.
One Thousand & One Voices’ advisory services are tailored to the Funds and will be tailored to future funds.
Investors in the Fund (the “Investors” or “Limited Partners”) do not enter into investment management
agreements with One Thousand
& One Voices and are not considered advisory clients. Investors may not
impose restrictions on the Funds’ investment in certain securities or types of securities, however, Investors
may be excused from a particular investment due to legal, regulatory or other applicable constraints. This
Brochure is provided to the Investors and is also qualified in its entirety by the Fund’s limited partnership
agreement (the “Limited Partnership Agreement”) and offering memorandum, summary of terms, other
applicable private security offering documentation and subscription documents (collectively with the Limited
Partnership Agreement, the “Offering Documents”).
The General Partners have entered into side letters or other similar arrangements with Limited Partners
that provide more favorable terms to certain Investors than those described in the Offering Documents.
These terms include, among others, reduction in management fees and/or performance allocations, special
rights with respect to future contributions, future investments and supplemental reporting.
Additionally, from time to time and as permitted by the relevant Offering Documents, One Thousand & One
Voices expects to provide (or to agree to provide) co-investment opportunities (including the opportunity
to participate in co-invest vehicles) to certain Investors or other persons, including other sponsors, market
participants, finders, consultants and other service providers, One Thousand & One Voices’ personnel
and/or certain other persons associated with One Thousand & One Voices and/or its affiliates (e.g., a
vehicle formed by One Thousand & One Voices’ principals to co-invest alongside a particular Fund’s
transactions). Such co-investments typically involve investment and disposal of interests in the applicable
investment at the same time and on similar terms as the Fund making the investment. However, from time
to time, for strategic and other reasons, a co-investor or co-invest vehicle (including a co-investing Fund)
may purchase a portion of an investment from one or more Funds after such Funds have consummated
their investment in (also known as a post-closing sell-down or transfer), which generally will be funded
through Fund investor capital contributions and/or use of a Fund credit facility. Any such purchase from a
Fund by a co-investor or co-invest vehicle generally occurs shortly after the Fund’s completion of the
investment to avoid any changes in valuation of the investment. Where appropriate, and in One Thousand
& One Voices’ sole discretion, One Thousand & One Voices reserves the right to charge interest or fees on
the purchase to the co-investor or co-invest vehicle (or otherwise equitably to adjust the purchase price
under certain conditions), and to seek reimbursement to the relevant Fund for related costs and expenses.
However, to the extent such amounts are not so charged or reimbursed, they generally will be borne by
the relevant Fund.
As of December 31, 2022, One Thousand & One Voices managed gross assets of the Funds on a
discretionary basis in the amount $158,271,456 (including capital commitments).
The investment period of the Africa Fund ended September 18, 2022 and the investment period of the
Credit Fund ended on December 6, 2022, on which date the credit fund was dissolved.