Capricorn Fund Managers, comprising Capricorn Fund Managers Limited and Capricorn Fund Managers (Pty) Limited (see note 1), has been active in managing hedge funds since 2003 with the launch of the Hollard Stable Strategy Fund in South Africa. We established an office in London in 2008 which coincided with the launch of our global emerging market fund, Capricorn GEM Fund LP/Inc.
We focus on identifying transformative companies which fit into our country themes, based on our personal experiences in South Africa.
We take a cautious approach to investment with low volatility and delivery of consistent double digit returns on all our funds since inception. Our objective is to achieve capital appreciation through investment in equities with low volatility.
We look to achieve this by:
- Focused and disciplined long/short investing within global emerging markets with eye on lower volatility and liquidity
- Searching for opportunities with either significant upside potential (longs) or downside risk (shorts)
- Investing in large cap stocks on recognised exchanges
The fund management team is a close-knit team and have been together since inception. They were all raised and educated in emerging markets and have personal experience of political change and uncertainty, currency volatility and the emergence of a new middle class. We believe that this experience is essential in managing funds in emerging markets.
The team come from diverse backgrounds:
- Fundamental analysis
Capricorn Fund Managers comprises:
Capricorn Fund Managers Limited is a company incorporated in England & Wales and based in London, England (Company no. 06849383). It is authorised by the Financial Conduct Authority (no. 505252).
Capricorn Fund Managers (Pty) Limited is a company incorporated in South Africa and based in Johannesburg, South Africa. It is regulated by the Financial Services Board (License no. 863).