36ONE Asset Management
36ONE Asset Management (Pty) Ltd is a South African, owner-managed investment firm established in 2004. The firm manages long-only equity, multi-asset and hedge fund strategies through a single, style-agnostic investment philosophy supported by bottom-up fundamental research. 36ONE has delivered long-term alpha with a strong track record of downside protection across market cycles.
Hedge funds
• 36ONE Prescient QI Hedge Fund
• 36ONE Prescient Retail Hedge Fund
• 36ONE Absolute Alpha Prescient Retail HF
AG Capital
AG Capital is the specialised Hedge Fund arm of the Anchor Group, offering best-of-breed multi-strategy and single-strategy Retail Hedge Funds, across a variety of Linked Investment Service Providers (LISPs), giving investors a risk-efficient alternative to traditional long-only equity funds. AG Capital is a licensed financial services provider (FSP No. 43325).
Hedge funds
• AG Capital Rainbow FR Retail Hedge Fund
• AG Capital Fusion Worldwide FR Retail Fund of Hedge Funds
• AG Capital Adaptive FR Retail Hedge Fund
• AG Capital European Trends FR Retail Hedge Fund
• AG Capital Variable FR Retail Hedge Fund
• AG Capital Worldwide Macro FR Retail HF
• Renegade Capital Global Macro Segregated Portfolio
AIP Capital Management
AIP Capital Management is a niche alternative asset manager chasing opportunity where others don’t. We deliver standout, risk-adjusted returns through innovative strategies across hedge funds, private equity and private credit. Run by a transformed team, we’re here to break convention and unlock exceptional value for our investors.
Hedge funds
• AIP NCIS Concentrated Arbitrage Qualified Hedge Fund (conservative, market-neutral equity arbitrage fund)
• AIP RCIS Multi-Strategy Retail HF (diversified long-term hedge strategy for retail investors)
• AIP RCIS Concentrated Growth Qualified Hedge Fund (concentrated exposure across growth-oriented strategies)
• AIP RCIS Equity Long Short Qualified Hedge Fund (Long/Short strategy with concentrated equity positions)
• AIP Senior Living Private Equity Fund (targeted senior living PE investment)
Alexforbes Investments
Alexforbes Investments, established in 1997, is South Africa’s largest multi-manager and investment solutions provider. It serves corporates, individuals and advisors with services including investment administration, advisory, individual and discretionary investments, and alternative assets, focusing on tailored, client-centric financial strategies and needs. With over R16-billion in hedge fund assets under management and more than 25 years of alternative investing expertise, Alexforbes Investments has built an investment destination for investors seeking access to expertly curated hedge fund solutions.
Hedge fund of funds (HFoF)
• AF Invest Stable QI HFoF
• AF Invest Moderate QI HFoF
• AF Invest Performance QI HFoF
• AF Invest Focus QI HFoF
www.invest.alexforbes.comAll Weather Capital
All Weather is a bottom-up fundamental investment house, with limited focus on sector and regional exposure. We prefer to exercise our best ideas and express our views through individual stock picks. Where sectors are concerned, we prefer to play any sector trends through best-in-class shares where we look for quality, cash-generative, high stable return companies with good management.
Hedge funds
• All Weather H4 Market Neutral Retail Hedge Fund
• All Weather H4 Performance Retail Hedge Fund
www.allweather.co.zaAmity Investment Solutions
Amity Investment Solutions is a boutique South African Discretionary Fund Manager specialising in outcomes-based investment solutions. By focusing on capital preservation and reducing uncertainty, Amity partners with independent financial advisors to provide tailored funds and tools designed to increase the probability of clients achieving their specific financial goals.
Hedge fund model portfolios
• Balanced Hedged Portfolio
• Hedged Growth Portfolio
www.amity.co.zaAmplify Investment Partners
Amplify Investment Partners actively pursues financial success and enduring positive change. We empower investors with Intelligent Impact, delivered through proactive, expert fund management that delivers real results. With R62-billion AUM since 2018, we demonstrate that financial success fuels meaningful change, contributing to conservation and impactful SDG initiatives.
Hedge funds
• Amplify SCI Enhanced Equity Retail Hedge Fund
• Amplify SCI Active Equity Retail Hedge Fund
• Amplify SCI Managed Equity Retail Hedge Fund
• Amplify SCI Real Income Retail Hedge Fund
• Amplify SCI Stable Income Retail Hedge Fund
• Amplify SCI Absolute Income Retail Hedge Fund
• Amplify SCI Diversified Income Retail Hedge Fund
• Amplify SCI Income Plus Retail Hedge Fund
• Amplify SCI Cautious Retail Hedge Fund
www.amplify.co.zaAnchor Capital
Anchor Capital is an international, independently owned, boutique wealth and asset management firm established in 2012. Following its merger with London-based wealth manager Credo in 2024, the Group has c. R306-billion in assets under management and advice. With a team of over 550 people, Anchor delivers a comprehensive range of local and global investment solutions to individuals, families, financial advisors and institutions.
Hedge funds
• Anchor Stable FR Retail Hedge Fund
• Anchor Systematic FR Q1 Retail Hedge Fund
Aylett Fund Managers
The Aylett Prescient QI Hedge Fund is a high-conviction, long-only fund designed to give our portfolio manager the flexibility to fully express investment views without constraints. Our multi-strategy approach blends asset allocation, stock selection, opportunistic trading and selective use of derivatives to optimise returns. Leverage is used sparingly, as our focus remains on fundamental, research-driven decisions that stack the odds in favour of investors.
Hedge fund
• Aylett Prescient QI Hedge Fund
Bateleur Capital
Bateleur Capital is a boutique, independent and owner-managed fund manager based in Cape Town that was founded in 2004. Bateleur Capital’s award-winning funds have developed lengthy track records of consistent real returns within conservative risk parameters. Bateleur Capital prides itself on its consistent and meticulous investment approach, combining fundamental analysis with a top-down macro-overlay, and leverages its hedge fund background to deliver competitive returns while placing a strong emphasis on capital preservation.
Hedge funds
• Bateleur Long Short Prescient RI Hedge Fund
• Bateleur Market Neutral Prescient RI Hedge Fund
• Bateleur Special Opportunities Prescient RI HF
bateleurcapital.com
Blue Quadrant Capital Management
Blue Quadrant Capital Management manages R1-billion in hedge and long-only equities in South Africa and global markets. Our core investment philosophy can be described as “Macrovalue”, which combines a traditional value approach to allocating capital with macroeconomic or industry thematic analysis. This approach allows us to identify companies that are not only undervalued relative to their estimated intrinsic value but also stand to benefit from an expected favourable shift in macroeconomic or industry fundamentals. Blue Quadrant Capital Management has consistently won or been nominated for HedgeNews Africa awards in each of the past four years.
Hedge fund
• Blue Quadrant Capital Growth Prescient RI Fund (monthly dealing)
www.blueqcm.comCatalyst Fund Managers
Catalyst Fund Managers specialises in managing listed real estate investments for institutional and retail clients. Since 2001, we’ve focused on delivering alpha-driven results through a dedicated team of real estate specialists. We believe in real estate’s unique ability to diversify portfolios and enhance risk-adjusted returns.
Hedge funds
• Amplify SCI Property Retail Hedge Fund (we are the underlying fund manager)
• Catalyst Alpha QI Prescient Hedge Fund
Corion Capital
With 25 years of multi-strategy investing experience, Corion is a boutique asset manager established in 2001. We combine proprietary tools, rigorous analysis and robust risk management to challenge convention through innovative strategies, agile reporting and engaging client service.
Hedge funds
• Corion Absolute FR RIHF
• Corion Multi-Strategy FR RIHF
• Corion Prosperitas FR RIHF
www.corion.co.zaCoronation Fund Managers
Coronation is an independent global investment manager focused on long-term outcomes for clients and responsible stewardship of their capital. Since 1993, we’ve applied one disciplined, valuation-driven investment philosophy across every strategy we manage. We invest across developed, emerging and frontier markets, serving clients worldwide. We’re a South African, majority black-owned business with a growing international presence.
Hedge funds
• Granite Hedge Fund
• Coronation Plus Granite Hedge Fund
• Multi-Strategy Arbitrage Hedge Fund
• Presidio Hedge Fund
Cuthman Capital
Cuthman Capital is an independent and owner-managed investment manager. Dedicated to managing a focused mandate, we protect and grow wealth over the long term by investing in opportunities worldwide. Our flexible mandate allows us to find the best ideas globally and exploit market opportunities for ourselves and our client partners.
Hedge fund
• Cuthman SDR Prescient QI Hedge Fund
www.cuthman.com
Differential Capital
Differential Capital is a South African investment firm specialising in AI-driven asset management. It offers hedge funds and equity investments, aiming for superior risk-adjusted returns. With a strong ESG focus, it integrates data science and technology with fundamental analysis to identify unique opportunities that traditional methods might overlook.
Hedge funds
• Differential Gradient Prescient QI Hedge Fund (Multi-Strategy Hedge Fund)
• Differential Capital Gradient AMC (AMC015)
• Special Situations Hedge Fund (Event-driven, Activist investing)
Edify Fund Managers
Edify Fund Managers is an independent, owner-managed DFM based in Paarl. We provide tailored investment solutions, from model portfolios to bespoke investment consulting. Leveraging technology, boutique fund managers and alternative investments, we aim to deliver superior risk-adjusted returns while prioritising exceptional client service. Our expertise in hedge funds and global investments sets us apart.
Specialist hedge fund-only model portfolios/wrap funds
• Edify Defensive Hedge
• Edify Growth Hedge
edifyinvest.co.zaEnko Capital
Established in 2008, Enko Capital is an African-focused asset management firm managing debt, private debt, equity and private equity investments across Africa. The firm manages $1.6-billion across its strategies. Enko offers a deep knowledge of the continent combined with best-in-class investment expertise. Enko seeks to deliver strong risk-adjusted absolute returns for its investors.
Hedge fund
• Enko Africa Debt Fund
Fairtree
Fairtree is an investment manager that manages alternative and long-only investment portfolios across global asset classes for local and offshore clients. Headquartered in South Africa, Fairtree manages award-winning diverse global portfolios. Fairtree continually strives for investment excellence and to deliver competitive returns while pursuing its mission of enriching the lives of all stakeholders.
Hedge funds
• Fairtree Assegai Equity Long Short FR QIHF
• Fairtree Equity Market Neutral FR QIHF
• Fairtree Silver Oak Equity Long Short FR RIHF
• Fairtree Fixed Income FR RIHF
• Fairtree Proton RCIS RIHF
• Fairtree Worldwide Multi-Strategy Flexible FR QIHF
• Fairtree Wild Fig Multi-Strategy FR QIHF
• Fairtree Woodland Multi-Strategy FR QIHF
• Fairtree Worldwide Multi-Strategy Flexible FR RIHF
• Fairtree Wild Fig Multi-Strategy FR RIHF
• Fairtree Assegai Segregated Portfolio USD
• Fairtree Wild Fig Multi-Strategy USD Segregated Portfolio
Laurium Capital
Laurium Capital is an employee-owned boutique asset manager with offices in Johannesburg, Cape Town and London. Founded in 2008, Laurium has grown to manage over R86-billion in assets across a diverse range of strategies. We offer a suite of long-only and hedge fund solutions, investing in South Africa, across the African continent and internationally. Our strong team of over 40 highly driven and qualified professionals is committed to delivering performance and service that exceed client expectations. At the heart of our investment approach is rigorous, on-the-ground research and deep local market insight. We pair this with disciplined portfolio construction and robust risk management to generate superior risk-adjusted returns over time. Our comprehensive range of unit trusts spans the risk spectrum and is available on most leading LISP platforms. Laurium’s client base is well diversified, including high net worth individuals, institutional investors and retail clients. We are defined by Passion, Purpose and measured by our Performance. Above all we remain focused on our clients and “Investing for your future”.
Hedge funds (available on most LISPs)
• Laurium Market Neutral Prescient RI Hedge Fund
• Laurium Long Short Prescient RI Hedge Fund
• Laurium Enhanced Growth Prescient RI Hedge Feeder Fund
• Laurium Enhanced Growth Hedge Fund
• Laurium Aggressive Long Short Prescient QI HF
Matrix Fund Managers
Matrix Fund Managers is an owner-managed, diversified asset manager. We take an agile approach to active investing that benefits from our independent thinking and unconstrained style. Our core purpose is to deliver consistent return and high-quality service for our institutional and retail clients.
Hedge funds
Matrix offers two CISCA-regulated retail hedge funds (RHFs), complemented by a range of traditional unit trusts:
• Matrix SCI Fixed Income RHF (focused on institutional investors)
• Amplify SCI Income Plus RHF (in partnership with Amplify Investment Partners – retail ready and available on most LISPs)
Mazi Asset Management
Mazi Asset Management stands as one of the pioneering black-owned fund management companies in South Africa. Our vision is to build a world-class global asset management business with African heritage. We value diversity at our core, recognising that a tapestry of unique perspectives and skill sets is crucial for attaining sustainable success.
Hedge funds
• Mazi NCIS Qualified Long Short Hedge Fund
• Mazi Next-Gen Long Short Retail Investor HF
MitonOptimal
Established in 2000, MitonOptimal is an independent, owner-managed Discretionary Fund Manager committed to delivering high-quality investment solutions and support to financial advisors. As part of our comprehensive offering, the MitonOptimal ASTUTE Range features dedicated hedge fund portfolios, providing advisors with two expertly constructed options to seamlessly integrate into their clients’ overall investment strategies.
Hedge fund model portfolios
• MitonOptimal ASTUTE Guarded Portfolio
• MitonOptimal ASTUTE Bold Portfolio
www.mitonoptimal.co.zaNinety One
Ninety One is an active, global investment manager managing R3.6-trillion in assets (as at 31 December 2025). Our goal is to provide long-term investment returns for our clients while making a positive difference to people and the planet. The Ninety One Equity Long Short Hedge Fund is an actively managed domestic long-short equity hedge fund. It has a unique earnings-focused investment approach backed by a large research team and experienced portfolio manager.
Hedge fund
• Ninety One Equity Long Short Hedge Fund
Novare Holdings
Novare is an investment solutions provider with operations across the African continent. Our solutions range from Real Estate Funds, Impact Investing Funds, Multi Managed Funds and Implemented Investment Consulting across a range of asset classes. We generate positive returns and create long-term value for our investors while positively impacting the communities in which we invest and operate.
Hedge funds
• Novare Mayibentshsa Market Neutral – low to medium risk
• Novare Mayibentsha Moderate – moderate risk
• Novare Mayibentsha Focused – aggressive risk
Obsidian Capital
Obsidian Capital is a Johannesburg-based boutique asset manager, independently founded in 2007 by Richard Simpson and Royce Long. We specialise in high-conviction, multi-asset strategies, including balanced, equity and hedge funds, delivering consistent, risk-adjusted returns through rigorous in-house research, deep global macro analysis and truly benchmark-agnostic portfolios. Our battle-tested philosophy seamlessly marries attractive valuations with economic cycles, driving independent thinking, contrarian opportunities and enduring long-term value creation in volatile markets.
Hedge funds
• Obsidian SCI Multi Asset Retail Hedge Fund
• Obsidian SCI Long Short Retail Hedge Fund
Oyster Catcher Investments
Oyster Catcher Investments is an independently owned boutique investment manager based in Sandton, Johannesburg. Founded in 2019, Oyster Catcher manages seven funds across long-only and hedge fund strategies, including strong performance from its hedge funds. Its disciplined, valuation-based process identifies mispriced opportunities, manages risk carefully and focuses on long-term outcomes.
Hedge funds
• Oyster Catcher RCIS Long Short Retail Hedge Fund
• Oyster Catcher RCIS Smart Alpha (Market Neutral) Retail Hedge Fund
www.oystercatcherinvestments.co.zaPeregrine Capital
Peregrine Capital is South Africa’s longest-running hedge fund manager, delivering superior risk-adjusted returns since 1998. With a disciplined research approach and flat structure, we focus on long-term wealth creation for our clients. Our flagship funds have consistently outperformed, making us a trusted and respected investment partner.
Hedge funds
• Peregrine Capital High Growth QI Hedge Fund
• Peregrine Capital High Growth Retail Hedge Fund
• Peregrine Capital Pure Hedge QI Hedge Fund
• Peregrine Capital Pure Hedge Retail Hedge Fund
• Peregrine Capital Dynamic Alpha QI Hedge Fund
• Peregrine Capital High Growth Offshore Segregated Portfolio
• Peregrine Capital Vision Fund Offshore Segregated Portfolio
Perpetua Investment Managers
Perpetua Investment Managers is an independent, 100% owner-managed, majority black and women-owned investment management firm committed to excellence in insights, conduct, engagement and outcomes. Our investment approach is disciplined, pragmatic and repeatable and we are careful stewards of our clients’ capital. We believe rigorous fundamental analysis, proprietary research and robust risk management are core to an enduring investment approach. Based in Cape Town, South Africa, we are global investors who utilise our unique emerging markets perspectives to seek out opportunities across all asset classes and markets.
Hedge fund
• Perpetua Fixed Income FR Retail Hedge Fund
Protea Capital Management
Protea Capital Management is an investment management firm domiciled in South Africa, investing globally. The firm follows a proprietary “quantamental” investment approach, combining traditional fundamental analysis with quantitative investment techniques. Assets under management across four long/short hedge funds and an actively managed certificate (AMC) as at mid-2026 are approximately R1-billion. We manage your money like we do our own.
Hedge funds
• Protea South Africa FR Retail Hedge Fund
• Protea Global FR Retail Hedge Fund
• Protea Worldwide Flexible FR Qualified HF
• UBS AMC Protea Worldwide Flexible
• Protea International Hedge Fund SICAV Plc
www.proteacapitalmanagement.com
Rozendal Partners
Rozendal Partners is an independently owned asset management firm, committed to compounding capital over long periods while carefully managing risk. The firm employs a disciplined, valuation-based investment process to identify compelling local and global opportunities, predominantly in equity markets. The firm strives to create an environment where rational investment decision-making can prevail even in challenging times.
Hedge fund
• Rozendal Worldwide Flexible Prescient QI HF
Senqu Capital
Senqu Capital was established with the objective of generating superior returns for our investors over the medium to long term. We manage a single hedge fund strategy that expresses our very best ideas at any given point in time and we invest directly alongside you in this fund. We aim to attract partners who believe in our investment process, have a long investment time horizon and who are unlikely to redeem capital in times of market panic. We focus on the quality of our investor base and recognise how this benefits all our investors collectively.
Hedge fund
• Senqu Worldwide Flexible Long Short Prescient RI Hedge Fund
SouthernCross Capital
SouthernCross Capital is a boutique asset management firm offering alternative investment products, particularly hedge funds, and emphasises a unique, progressive investment approach. The team relies on deep analytical insights, active trading and advanced technology for decision-making. By maintaining a small, agile structure, they offer personalised client engagement and custom investment solutions. They prioritise long-term success and investor alignment, with a track record of strong performance and industry recognition.
Hedge funds
• SouthernCross Multi Strategy Prescient RIHF
• SouthernCross NCIS Market Neutral RHF
www.southerncrosscapital.co.za
Steen Capital Partners
We buy outstanding companies when they trade cheaply and hold for a long time. Sometimes we influence management outcomes. Our process is strict and most companies fail to make our list. When they do, we act with conviction, meaning our portfolio is more concentrated than others. Concentrated, fundamental, long-only.
Hedge fund
• Steen Partners High Equity Prescient QI HF
Steyn Capital Management
Steyn Capital Management manages R20-billion in hedge and long-only equities in SA, Africa and frontier and emerging markets. We utilise unique investment research techniques in order to create an investment edge and generate superior returns. Steyn Capital has won or been nominated for HedgeNews Africa awards in 12 out of the 17 years since inception.
Hedge funds
• Steyn Capital Daily Liquidity FR Retail Hedge Fund (available on all major LISPs)
• Steyn Capital FR QI Hedge Fund
• Steyn Capital FR Retail HF (monthly dealing)
www.steyncapitalmanagement.com
Symmetry
Symmetry is an investment solutions business offering diversified, manager-selected hedge fund portfolios. Through disciplined research, portfolio construction and ongoing oversight, we combine complementary strategies to deliver consistent, risk-adjusted outcomes. Our solutions provide diversification, downside protection and smoother return profiles within broader client portfolios.
Hedge fund
• Old Mutual Multi-Managers Diversified RI Hedge Fund of Funds which is proposed to be renamed the Symmetry Diversified RI Hedge Fund of Funds subject to regulatory approval
List of underlying hedge FoF managers
• All Weather Market Neutral
• Marblerock Fixed Income
• Peregrine Capital Growth
• Oystercatcher Long Short
• 36ONE
Terebinth Capital
Terebinth Capital is an independent, female-led, diverse boutique investment manager with a mission to generate leading risk-adjusted returns with a focus on growth, sustainability and consistency. We are a knowledge and research-focused solution for clients looking for long-term, sustainable growth. Founded in 2013, Terebinth is a 100% manager-owned company.
Hedge fund
• Terebinth Capital Fixed Income Macro FR Retail HF
THINK.CAPITAL Investment Management
Established in 2014, THINK.CAPITAL is an indepen-dent boutique asset manager dedicated to delivering innovative alternative investment solutions. With a focus on hedge fund strategies, the firm has consistently demonstrated its value through the award-winning performance of its pioneering funds. Over the past decade, THINK.CAPITAL has been nominated for or won six HedgeNews Africa awards – testament to the strength and resilience of its approach. THINK.CAPITAL’s investment philosophy is rooted in the belief that selection matters. The hedge fund universe exhibits a persistently wide dispersion of returns and a strong rotation in the performance rankings of individual funds and styles. In such an environment, the cost of poor selection is significant – while the rewards of skilful manager and strategy rotation are substantial. THINK.CAPITAL brings deep expertise in navigating this complexity, leveraging its robust portfolio construction and rotation capabilities to capture opportunities and mitigate risk. With a proven track record, a disciplined investment process and a sharp focus on delivering differentiated value, THINK.CAPITAL is a trusted partner for investors seeking high-conviction alternative strategies.
Hedge funds
• THINK Flexible Growth RCIS Retail Hedge Fund (available on all major LISPs)
• RCIS THINK Growth QI HF (monthly dealing)
Visio
Visio is an investment management firm founded in June 2003 by Patrice Moyal as a hedge fund manager. Based primarily in Johannesburg and Cape Town, Visio manages a diversified suite of strategies across hedge funds, equities, multi-asset, global and fixed income on behalf of local and offshore institutional and retail clients.
Hedge funds
Qualified investor hedge funds (pricing and dealing monthly):
• Visio FR Golden Hind Qualified Investor HF
• Visio FR Occasio Qualified Investor Hedge Fund
Retail investor HF (pricing and dealing daily):
• Visio FR Retail Hedge Fund
X-Chequer Fund Management
X-Chequer Fund Management is a boutique alternative investment house founded in 2006. We specialise in hedge fund and long-only offerings with a Market Neutral Hedge Fund Strategy focus. Our aim is to provide superior risk-adjusted returns to our investors over the medium term, while focusing on capital protection on a continuous basis. Our disciplined focus on risk management helps us to navigate the volatile financial markets.
Hedge funds
• X-Chequer Market Neutral FR RIHF
• X-Chequer Duo Multi Strategy FR RIHF
• X-Chequer Diplo FR QIHF
www.xfm.co.za
