Different companies use various measures to implement growth thus every organization is required to make use of in-depth research and analysis, regular management contact, site visits, broker and company presentations. The company spends a substantial amount of time ‘on the road’ towards achieving these goals. Mazi capital pays special attention to devoted to companies that are either under-researched or not at all covered by the investment fraternity.
Founded in October 2006, Mazi Capital (Pty) Ltd is one of the first black-owned hedge fund management companies in South Africa. The company is entirely run by its founder, Malungelo Zilimbola.
Mazi capital’s research is not limited only to listed companies but is rather continuously meant develop knowledge and relationships with many unlisted companies, who are either trading partners or competitors with their own listed counterparts.
The company’s strength lies in its ability to combine the information that it continuously gathers in order to invent medium to long-term investment ideas for these funds. The company maintains its financial models on most of the listed companies. Because they form the fortitude of its decision making process, these models are rationalized and regularly enhanced.
In October 2006, Mazi Capital and Visio Capital entered into a joint venture, namely the Mazi Visio Manco (Pty) Ltd (“The Manco”). The Manco joint venture is 51% controlled by Mazi Capital and 49% by Visio Capital. Empowerdex awarded The Manco a BEE rating of AAA+ as early as November 2007.
Mazi Capital manages hedge funds, long only institutional fund mandates and a unit trust. Total funds under management are over of R30 billion.
The company has offices in Johannesburg, South Africa that offer the following services:
- Ease access to corporates in South Africa and other African countries
- First-hand knowledge of the market and environment- extensive travel and company management contact