CACM
CACM is a Series C+ fund in south-africa and Global investing in Fintech, wealth-management and asset-management.
- Stages
- Series C+
- Sectors
- Fintech, wealth-management, asset-management
- Invests in
- south-africa, Global
- Round role
- Leads rounds
Check size not disclosed
Thesis
CACM Investments Limited is a special purpose vehicle (SPV) incorporated in the British Virgin Islands, established to facilitate the merger of Anchor Group and Credo Wealth Ltd. This strategic combination aims to establish one of South Africa's largest wealth and asset management entities, with a substantial presence in global markets. The merger is projected to result in combined assets under administration exceeding R230 billion. Credo currently holds approximately £4.6 billion in assets under custody, and Anchor manages R120 billion in assets. The investment thesis centers on leveraging the combined strengths of Anchor and Credo to capture a significant share of the wealth and asset management market in South Africa and beyond.
Common questions
Does CACM invest at the Series C+ stage?
Yes. CACM lists Series C+ among the stages it invests in.
Where does CACM invest?
CACM invests in south-africa and Global.