South African Firm Searching for Global Opportunities

Our Focus

SaltLight is a South African asset management firm focusing on long-term opportunities in public markets globally, providing worldwide, flexible fund mandates for South African investors.

We seek to invest in portfolio companies that have:

  • potential for high returns on capital
  • management with integrity
  • the ability to appropriately reinvest capital into further opportunities and, lastly,
  • a discount to intrinsic value.

Our portfolio is skewed towards entrepreneurial founders that have a demonstrable track record of tackling the challenges of constant change.

Solving Customer Needs

Our investment thesis usually rests on the management team's ability to solve their customer's needs; allocating shareholder capital to opportunities that will yield long-term benefits over years, not quarters.

Our Research Process

  • We are a research-based firm that demurs from utilising sell-side research.
  • Our fund size allows us to take advantage of regularly occurring market inefficiencies that exist in asset pricing.
  • Diligent work and a thorough investment process allow us to have a deep conviction when other market participants have shorter-term perspectives.
  • The pace of portfolio turnover may appear to outsiders that our style is rather 'passive' and 'unexciting'.
  • We try to be humble and honest about what we don't know.
  • We also tend to spend time in pockets of industry knowledge that many would say are unnecessary to understanding a particular company. As a result, we only manage to execute on one or two investment ideas a year.
  • Despite bouts of negative quotation losses from a particular investment, we tend to hold onto portfolio investments beyond what many would bare – unless our investment thesis is no longer applicable.

Investment Partner Base

Our strongest 'edge' is our investment partner base that matches our long-term orientated nature; without whom, we would not have an ability to take advantage of the 'investment horizon gap' that our peers have.

We Don't Mind Talking To Our Investors

There is no ivory tower to talking to the the portfolio managers you've entrusted with your money. Try us, we pick up the phone!