Enko Opportunity Growth Fund is a multi-strategy fund focusing on investing in Africa with a capacity of $400 million and a target return of 25% p.a.
Favourable macroeconomic environment essentially driven by debt relief initiatives, higher commodity prices, and ongoing political & economic reforms. Africa is home to 1 billion people and one third of the world’s natural resources whose supply is of strategic importance to both developed economies and fast growing emerging market economies such as China & India.
The risk/return of investing in Africa is fast improving while the development of its capital market is accelerating.
Enko’s ability to source large blocks of shares and liquidity in frontier African markets is a key competitive advantage in an environment where good investment opportunities are not easily accessible.
Alain Nkontchou
Alain is the Chief Executive Officer and Managing Director, located in the London office. His responsibilities include overseeing the firm, managing Enko’s client relationships, and investment decision-making. Alain was previously a Managing Director for Global Macro Trading within the Proprietary Trading Group of Credit-Suisse in London, a group he joined in 2005 from JP Morgan, where he had held the same position since 2002.
From 2001 until 2002, Alain was a Portfolio Manager at BlueCrest Capital Management, and prior to that, he spent twelve years with JP Morgan (Chemical Bank). Alain has traded fixed income, currencies, commodities and stock indices over his 20+ years of experience. Since 1999 he has been a board member of Laurent-Perrier, a leading champagne company listed on the Paris Stock Exchange. Alain holds an MSc in Electrical Engineering from Ecole Supérieure d’Electricité in Paris and an MSc from Ecole Supérieure de Commerce in Paris.
Kuda Madziva
Kuda is a Trading Analyst, located in the Johannesburg office. She has been involved in many aspects of both the equity and fixed income markets across Africa covering financial analysis, company valuations and execution of trades. Kuda joined the firm from Renaissance Securities where she was a senior trader on the Zimbabwe Stock Exchange and prior to that she headed the dealing team at Mast Stockbrokers in Zimbabwe. Kuda has over 15 years’ experience collectively in capital markets. She holds a Bachelor’s Degree in Commerce with Specialisation in Financial Management from the University of South Africa (UNISA) and a Masters in Science (MSC) in Finance and Investment from the University of Science and Technology (NUST), Zimbabwe
Edwin Mushambi
Edwin is the middle office manager of the fund. He is responsible for managing the business aspects of the fund including controlling daily operations, reporting of the fund’s performance and performing risk management tasks. He has extensive experience in trading, equity analysis and operations which he gathered from his prior experience with reputable institutions in the Stock broking and Investment Banking space. Prior to joining Enko, Edwin worked for Interfin Merchant Bank as a Treasury Dealer and Interfin Stockbroking as an Equity Analyst. He holds a B.Com Honours Degree in Finance from the National University of Science and Technology (NUST) and is a CFA Level II Candidate.
Tendai Sakaike
Tendai is an Equity Research Analyst working from the Johannesburg Office. He joined Enko as intern in 2010, and is responsible for investment recommendations, portfolio reporting and monitoring and he sits on the Investment Committee. Tendai holds a BA (Honours) Degree in Business and International Finance from Oxford Brookes University (UK), and is a 2015 Level II CFA candidate.
Caroline Mungombe
Caroline is an Equity Research Analyst located in the Johannesburg Office. Caroline joined Enko in 2011 and is primarily focused on researching and organising data on the African Capital Markets. Caroline publishes the firm’s daily and monthly newsletters on IPOs across the continent. She holds a B Com (Honours) Degree in Financial Management from UNISA.