Division 04
Capital & Investments
Strategic venture capital, private credit and asset management deployed with a long hold horizon and active operational involvement.
- $1.2B
- Assets under management
- 38
- Active positions
- 7 yrs
- Avg. hold period
Investment thesis
Why this vertical.
We invest where we operate. Capital from the group is paired with operating capability from the divisions — giving portfolio companies access to power, engineering, real assets and distribution that pure financial investors cannot replicate.
Capabilities
What this division does.
01
Strategic Venture Capital
Seed through Series B positions in fintech, climate technology, logistics and enterprise software.
02
Private Credit
Structured, asset-backed lending to growth businesses underserved by conventional banking channels.
03
Asset Management
Discretionary mandates across real assets, listed equities and fixed income for institutional partners.
04
Corporate Development
Group-level M&A, joint venture structuring and post-acquisition operational integration.
Holdings
Operating companies in this division.
N.O Ventures
OperatingEarly-growth fund investing in fintech, climate technology and enterprise software with operating support from group divisions.
- Sector
- Venture capital
- Geography
- Africa · Europe
Keystone Private Credit
ScalingAsset-backed lending vehicle providing structured growth capital to mid-market operators.
- Sector
- Private credit
- Geography
- Pan-African
N.O Asset Management
OperatingDiscretionary mandates across real assets and listed markets for family offices and institutional allocators.
- Sector
- Asset management
- Geography
- Global