New Africa Mining Fund

Investment Philosophy

The Team has a well-developed approach to investing in and managing mineral resource assets, which is focused, clearly understood and capable of delivering on commitments to investors whilst having regard to sustainable development issues.

The Team believes that in order to be successful it must adhere to the common standards and investment practices which have been developed and successfully followed by Private Equity investment firms in other markets. Such practices include due diligence, strict attention to corporate governance policies and a disciplined approach to timely investment realisation. The Team’s approach is characterised by distinct strategic phases in the life cycle of an investment, namely: investment evaluation, due diligence, negotiation and deal structuring, investment decision making, on-going asset management and exit strategies.

To ensure that each portfolio company gets the support needed to succeed, we ensure that the investment size is such that, relative to the committed capital, the number of investments will be limited to a manageable number. It is our intention that each of our investments will represent a significant portion of NAMF’s total capital invested. This strategy closely aligns our interests with those of our management partners.

We do not interfere in the day-to-day management of our portfolio companies, however, as board members and shareholders, we focus on developing strategy, identifying and advising on acquisitions, optimising balance sheet capitalisation, structuring incentive compensation and advising senior management.