INDEPENDENT UNLISTED INVESTMENT SOLUTIONS
The Königstein Capital Group was established in 2009 as an independent unlisted investment manager that focuses on private equity and venture capital fund management in the Namibian market. The management team has extensive experience in various sectors of the economy gained over the last 35 years.
Königstein offers the following features that will unlock value for investors, entrepreneurs and developers:
- extensive experience in and knowledge of the Namibian business environment
- a successful track record
- superior proven financial deal-making abilities
- a network of key players in various industries to ensure deal flow
- good corporate governance structures
- strict risk management
- the ability to take part in the management of portfolio investment company if required.
Through its current funds under management, Königstein Capital has already invested more than N$350 million in projects and investments with an economical value in excess of N$900 million. Königstein has the necessary fund structures in place to offer investment alternatives to pension funds, institutional and other investors.
UNLISTED INVESTMENT FUNDS
PROPERTY AND INFRASTRUCTURE
KÖNIGSTEIN CAPITAL PROPERTY INVESTMENT FUND
The Königstein Capital Property Investment Fund (KCPIF), with the Government Institutions Pension Fund as principal investor, was established to invest in the development of immovable property and infrastructure projects. This fund has a mandate to invest in the development of the following projects:
- retail property
- commercial property
- industrial property
- residential property
- infrastructure development.
The fund has invested in a number of very successful property-development projects which resulted in nearly 700 individual property units developed. There are various new property development transactions in the pipeline.
GENERAL PRIVATE EQUITY AND VENTURE CAPITAL
Spitz Investments (Pty) Ltd is a closed fund with existing investments in a diverse portfolio of businesses that include healthcare (i.e. the Namibian Oncology Centre), property and biomass investments.
Spitz Capital (Pty) Ltd is the latest established fund. It is a Regulation 29 compliant unlisted investment vehicle, with the Government Institutions Pension Fund as principal investor.
Investment sector focus:
- agribusiness and agriculture
- health care
- manufacturing, industry and services
- general business
- media, and
- financial services.
Our investment objective is to provide sustainable investment returns for our investors from a diversified portfolio in profitable businesses. Investments are generally made in existing businesses with a good growth potential or start-up ventures with a unique value proposition. Normally, material equity positions in portfolio companies will be acquired and our approach is to partner with management, play an active role in the strategic decision-making processes and together grow the value of the business.
We follow a proper investment process that includes due diligence, negotiations, deal structuring and final recommendation by an investment committee that includes independent, non-executive trustees or directors.
Investments in the underlying portfolio companies are structured in such a way as to maximise return and to contain risk. We may use any of the following mechanisms to invest:
- subscription in ordinary shares, preference shares and/or debentures
- advancing of loans
- a combination of the above.
The individuals involved are Albie Basson, Jacques Maree, Arno Louw, Albert Basson, Etii Etopi and Vidette Rickerts who have extensive business, investment management, deal structuring and corporate finance experience.