Differentiated Process
A disciplined and proven approach to investment outperformance
We believe that wealth can best be created through long-term ownership of growing businesses. In practice, our investment process emphasizes both preservation as well as growth of capital, resulting in a total return approach for capital appreciation. Integral to our approach are key risk controls which capitalize upon the experience of management and superior systems / infrastructure designed to achieve cost efficiency throughout the investment process.
Altree Capital seeks to capitalize upon large and statistically significant levels of information asymmetry evident across the African capital markets. The Firm leverages its long-standing relationships, local network and on-the-ground presence to gain an information edge through fundamental, bottom-up analysis and due diligence.
Idea generation
Think local, act global
Investment ideas are typically a function of one or more of the portfolio’s core investment themes. At Altree Capital, we focus on identifying leading companies, investing early and managing for the long term.
We actively monitor more than 1,400 securities and maintain a proprietary database of financial models on companies with operations across each of the 54 countries throughout Africa. The investment team actively utilizes its extensive network of longstanding local relationships to source information, formulate ideas and access deal flow.
Corporate Due Diligence
Strategic assessment of corporate quality and expertise in identifying a company’s competitive position within an industry
When evaluating opportunities for investment, we conduct a rigorous due diligence process which includes, but is not limited to: management interviews, documentation review, and sourcing of ancillary input from customers, vendors, government officials, tax/legal experts, technical practitioners and various other third parties. Company visits are an integral part of the investment process and provide an opportunity to test projections and establish a confidence interval surrounding management’s ability to execute. We will also assess the competitive landscape, review market conditions, evaluate the integrity of financial statements and perform background screens where necessary.
Portfolio Management
Proven ability to capitalize on large and statistically significant levels of information asymmetry
We employ a disciplined portfolio management process while leverages the use of in-house proprietary resources designed to reconcile historical trading data, assist with multi-currency valuations and derive optimal entry / exit points. When investing across the African capital markets, we take into account such items as portfolio stratgy, available cash, prevailing market conditions, exchange considerations and execution cost, among numerous other factors. Our investment team has successfully invested in over 200 companies with operations across 49 countries throughout Africa.
Risk Management
A consistent and manageable approach to evaluating investment and operational risk
Ongoing portfolio monitoring and maintenance is critical to successful outperformance. We actively monitor the risks inherent within each individual aspect of the investment process, including: security selection, asset allocation, accounting, valuation, operational and event. Because each of these functions are inexorably intertwined, both an isolated and total risk approach is utilised when evaluating overall risk exposure.
ESG and Impact
A strong ESG and Impact ethos is fundamental to every investment decision, aiming to generate measurable societal or environmental impact
The creation of returns with responsibility through operational excellence, risk adjusted returns and by being ESG-proactive. Allocating capital to opportunities that are key building blocks of a long-term socially equitable, ecologically stable economy, without compromising on prospects for superior risk-adjusted returns for our clients.
We promote gender equity both within our organisation and in our investments. We are developing our in-house female talent as part of our focus on achieving developmental impact across our business and our portfolios.
We actively incorporate a set of internationally recognised standards and guidelines into our portfolio construction process, including the IFC Performance Standards, the UN Sustainable Development Goals and UN PRI.
LAtest Company News
Altree Capital backs Wahu Mobility
Altree is proud to announce a third investment into a West Africa e-mobility company that designs, manufactures and sells electric vehicles and provides a comprehensive fleet management solution platform. It has started with an e-bike and other e-vehicle prototypes are in development for launch in the coming years. The company
Altree Capital concludes investment in Uncover
Altree Capital is delighted to announce its recent investment in Uncover Skincare. Uncover, is a digitally enabled, data-driven women’s wellness and skincare brand for Africa, the world’s fastest growing but most underserved beauty market. Established in 2020, the company has successfully launched a range of skincare products and is currently
Altree Capital successfully invests in Kasha
Altree Capital is pleased to announce its investment in Kasha, a platform specialising in digital retail and last-mile delivery of healthcare products and services. The organization started in Rwanda in 2016 and launched in Kenya in 2018. Kasha recently incorporated in South Africa and plans to utilise the investment to
Africa Opportunities Impact Fund COVID-19 Report
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