Fund News

Jaltech makes progress with 12J campaign

Johannesburg-based boutique corporate finance firm, Jaltech, has concluded its first junior mining Section 12J venture capital company, having started offering the structures 12 months...

Absa Africa fund makes headway

Managed by Johannesburg-based Godfrey Mwanza and Roy Mutooni, the fund is up a net 14.9% in US dollars so far this year

Prescient extends quant range

Dr Nafees Hossain moves ahead with plans to extend quant hedge fund range, joined by Wayne Gray

Balanced approach pays off for Obsidian

Johannesburg-based Obsidian Capital, founded by industry veterans Royce Long and Richard Simpson, is making steady progress with its multi-asset and long/short retail investor hedge...

Paragon uses artificial intelligence

The strategy is designed to have a low correlation to other asset classes, largely driven by an evolving set of diversified trading algorithms that profit from uncorrelated market phenomena

Witten gets going at Solaris Bataung

Mark Witten at Solaris Bataung Capital has a four-month record with his new fund, a South African multi-strategy product built on his many years...

Edge Growth aims for job creation

Growth capital and impact investing firm Edge Growth, which specialises in funding for small- to medium-sized enterprises (SMEs), is fund raising for its fifth...

RECM goes live with QIF mandate

Independent boutique asset manager RECM has launched a qualified investor hedge fund, with a flexible mandate that allows the team to extend its value-based...

Kaizen makes a strong start

Johannesburg-based Kaizen Asset Management has made a strong start to the year with its South African multi-strategy fund, adding 6.6% to the end of...

Aylett achieves nine-year record

South African unconstrained multi-strategy hedge fund returns a net annualised 11.3% since inception