Kagiso Capital

Name

Kagiso Capital

Legal name

Kagiso Capital (Pty) Ltd

Website

https://kagisocapital.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Investment Holding Company

NAICS

Portfolio Management and Investment Advice (523940), Other Financial Investment Activities (5239)

SIC

Investment Advice (6282), Investors, Nec (6799)

akta.pro primary industry

Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG)

Keywords

• Investment holding company
• Equity investments
• Portfolio management
• Private equity
• Education technology

Headquarters

HQ city

Johannesburg

HQ country

South Africa

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Distribution channels1 record

Marketing channels2 records

Core offering

Kagiso Capital is an investment holding company that acquires equity stakes in operating businesses across education, healthcare, technology, financial services, and real estate. It makes direct investments (often taking significant or 100% stakes) and provides strategic board-level guidance to portfolio companies to drive both financial returns and economic transformation in South Africa.

Product overview

Kagiso Capital is an investment holding company (not a product company) that holds diversified strategic investments across multiple sectors. Its portfolio includes: Open Learning Group (OLG), a Private Higher Education Institution; Open Learning Technology (OLTech), which provides the eVision student information system; KC Institute, a training and consulting division; Live Easy in housing/co-living; and fibertime™ as a Fibre Network Operator/ISP. These investments are structured as equity stakes in innovative companies committed to economic transformation.

Differentiator

Problem solved

Functional benefit

Brands

• KC Institute: Training and consulting division of Kagiso Capital that creates spaces where individuals and leaders are supported and affirmed to better lead themselves and their organisations.

Products and services

• Open Learning Group (OLG) A Private Higher Education Institution (PHEI) delivering qualifications through a blended distance learning model for Higher Education and Training, along with learnerships, skills programmes, and short learning programmes delivered through contact sessions. Targeted at students seeking flexible higher education pathways in South Africa.
• Open Learning Technology (OLTech) — eVision Student Information System A student information system (SIS) providing an integrated platform for management of student information and administration for educational institutions. Features include academic and financial record keeping, graduation certificate storage, quality assurance, and data protection. Targeted at higher education institutions.
• KC Institute A training and consulting division that creates spaces for individuals and leaders to be supported and affirmed to better lead themselves and their organisations, promoting inner work, self-reflection, and authentic leadership. Targeted at professionals and organisational leaders.
• Live Easy Co-living Housing A pioneering housing and co-living offering providing modern, affordable, and flexible living solutions with amenities including 24/7 security, open workspaces with wi-fi, lounges, chill areas, playgrounds, and green spaces. Targeted at residents seeking affordable, amenity-rich accommodation in South Africa.
• fibertime Fibre Network and Internet Services A Fibre Network Operator (FNO) and Internet Service Provider (ISP) catering specifically to South Africa's township market, providing fibre connectivity to underserved communities.

Segments5 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core, strategic and minor.

• PolymorphcoreStrategic or Co-development Partner · 1 January 2022Two of Kagiso Capital's portfolio companies—Open Learning Technology and Polymorph—joined forces to transform education technology. Polymorph delivered a concept design for upgrading OLTech's eVision student information system, working on UX, technical feasibility, and development of a new agile solution with intelligent dashboards.
• Cube Asset ManagementstrategicStrategic or Co-development PartnerKagiso Capital alongside RMB and Cube Asset Management acquired an industrial portfolio invested in One Point Investments, a property fund in industrial, logistics, manufacturing, and retail warehouse space in the United Kingdom.
• FirstRand Empowerment FoundationcoreGTM or Marketing PartnerKagiso Capital collaborated with Kagiso Trust and FirstRand Empowerment Foundation to host the B-BBEE Seminar 'Beyond the Façade - The Bittersweet Reality of Broad-Based Black Economic Empowerment', bringing together industry leaders, government, and business stakeholders.
• Yunus Mahomed Public Interest AwardminorOthersKagiso Capital supports the Yunus Mahomed Public Interest Award for published articles on Public Interest Law, Business and Ethics, encouraging law students to engage in public interest practice. The award is hosted at participating universities with an annual national prize.

Recent moves7 records

Expansion highlights6 records

Emerging players

• African Infrastructure Investment Managers (AIIM): Pan-African infrastructure and private equity investment manager. Comparable to Kagiso Capital's infrastructure-adjacent bets (Refiber, fibertime) and its focus on long-term, transformative investments in African markets.
• Eminent Africa Capital: South African private equity firm focused on mid-market opportunities with transformation objectives. Comparable to Kagiso Capital in its B-BBEE-alignment and South African mid-market investment focus.

Direct peers

• Ethos Private Equity: One of South Africa's largest private equity firms, making control and significant minority investments in mid-to-large South African businesses across sectors. Directly comparable as a long-term South African-focused PE investor with similar country and risk exposure.
• Peregrine Holdings: South African investment holding company with private equity and corporate advisory businesses. Comparable as a South African-focused investment holding company with structured equity stakes across multiple sectors.
• Sphere Holdings: South African black-owned investment holding company with portfolio exposures across mining, industrial, and financial services. Highly comparable to Kagiso Capital as a B-BBEE-aligned holding company pursuing transformation-oriented investment theses.
• Kagiso Tiso Holdings (KTH): Sister investment holding company under Kagiso Trust, formed in 2011 through the merger of Kagiso Trust Investments and Tiso Group. Holds diversified South African equity stakes across media, financial services, and industrial sectors, making it the most direct comparator in mandate and structure.

Broad incumbents

• Growthpoint Properties: South Africa's largest REIT and a key Kagiso Capital partner in healthcare property and student accommodation REITs. Comparable through its direct investment activities in real estate and its co-investment relationship structure.
• RMB (Rand Merchant Bank): Leading South African investment bank and co-investment partner of Kagiso Capital on the UK One Point Investments deal. Comparable as a sophisticated South African financial institution with private equity and principal investment capabilities.
• Coronation Fund Managers: South African asset and wealth manager with significant institutional and retail fund offerings. Comparable as a South African-domiciled investment business with long-term mandates, though focused on public market portfolio management rather than direct private equity.
• Public Investment Corporation (PIC): South Africa's largest asset manager, investing pension and sovereign-linked capital across listed and private equity. Comparable as a long-term South African institutional investor with a transformation mandate, though significantly larger scale and state-linked.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/KagisoCapital

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments6 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kagiso Capital