PORTFOLIO

Kagiso Capital’s portfolio reflects diversified investments that are strategically
and responsibly selected based on three important criteria:​

1

The growth potential of target companies – creation of long term shareholder value

2

Expansion strategies into the continent of target companies;

3

Cash generative capacity of target companies.

APPROACH

Kagiso Capital seeks out strategic investment opportunities with good growth potential. We look for market leaders with a strong business case and an ability to realise sustainable returns. We typically seek out cash generative assets that show
long-term growth.

​We are active investment partners and require a minimum of one representative on the company board. This ensures we are able to add value specifically with regard to strategy, transformation and the growth of the company.
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Perhaps our most important criterion however is that all investments are meaningful. As such, we prefer to take an equity stake–gaining more exposure in what we regard as long term strategic investments.

Kagiso Capital’s investment focus extends well beyond South Africa. We see ourselves as catalysts towards providing broader regional access on the continent.

SECTOR PREFERENCES

Kagiso Capital’s investment strategy focuses on a number of preferred sectors:

​Opportunities outside the sectors listed below will be evaluated.
​Kagiso Capital will not invest in what we call sin investments: liquor, weapons, tobacco and gambling.

• EDUCATION
• HEALTHCARE
• FINANCAL SERVICES

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• Natural fit with the work of Kagiso Trust
• Expected growth in middle class which can only be realised through education

• The growing  middle class will lead to a requirement of better private healthcare

• Large percentage of the population in the continent remain unbanked
• Only invest outside SA given our investment in FirstRand