Königstein Capital

What Königstein Capital does

Königstein Capital is an independent, unlisted investment manager founded in 2009 and headquartered in Windhoek, Namibia. The firm manages private equity, venture capital, and property investment funds focused exclusively on the Namibian market, with a stated objective of delivering superior and sustainable returns from a diversified portfolio of unlisted investments. Its core fund vehicles are the Königstein Capital Property Investment Fund (KCPIF), focused on retail, commercial, industrial property, affordable housing and infrastructure; Spitz Investments, a closed private equity fund with healthcare and biomass exposure; and Spitz Capital, a Regulation 29 compliant unlisted vehicle spanning agribusiness, healthcare, manufacturing, media, and financial services. Notable portfolio assets include nearly 700 developed property units, the Namibian Oncology Centre (opened 2015 via Spitz Healthcare Investments), Mashare Agri Group (Namibia's first commercial blueberry project), Namibia Plastics, Kudu Biomass Group, Kavango Berries, and Biomass Producers Namibia.

The firm operates with an 8-person team led by Managing Partner Albert Basson (appointed 2024), Chief Investment Officer Frederico van Wyk, and Chief Legal, Risk and Compliance Officer Almarie Bartsch, with founder Albie Basson serving as Strategic Advisor. Revenue is generated through management fees on the fund vehicles, with the Government Institutions Pension Fund (GIPF) acting as principal investor in KCPIF and Spitz Capital and additional capital sourced from high-net-worth individuals and corporate investors. Distribution is entirely direct via institutional relationships in Namibia, with no intermediaries, technology platform, or marketing channels beyond a basic website. The business model is relationship-driven, governance-focused, and concentrated on serving the small Namibian institutional investor base.

Name

Königstein Capital

Legal name

Königstein Capital

Website

https://konigsteincapital.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

1–10 employees

Short description

Königstein Capital is an independent Namibian unlisted investment manager founded in 2009 that manages private equity, venture capital, and property funds (KCPIF, Spitz Investments, Spitz Capital) for the Government Institutions Pension Fund, high-net-worth individuals, and corporate investors in Namibia.

Ownership category

akta.pro rank

Product category

Private Equity & Investment Management

NAICS

Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259), All Other Financial Investment Activities (52399)

SIC

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

akta.pro primary industry

Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ)

akta.pro secondary industries

Corporate Strategic Real Assets & Infrastructure Venture Investing (FSANAHAN), Core Infrastructure Funds (Transport, Social, Digital, Utilities) (FSANAEAA)

Keywords

• Private equity management
• Venture capital funds
• Property investment funds
• Unlisted investment management
• Institutional asset management

Headquarters

HQ city

Windhoek

HQ country

Namibia

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Fund Management Fees: Königstein Capital generates revenue through management fees from its investment funds including KCPIF, Spitz Investments, and Spitz Capital. The firm serves as the investment manager for pension funds and private investors.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Königstein Capital is an independent unlisted investment manager that operates and manages private equity, venture capital, and property investment funds for institutional and private investors in Namibia. The firm manages three core fund vehicles (KCPIF, Spitz Investments, and Spitz Capital) offering exposure to property, infrastructure, agribusiness, healthcare, manufacturing, and biomass sectors, with the Government Institutions Pension Fund as principal investor.

Product overview

Königstein Capital is an independent unlisted investment manager focused on private equity and venture capital fund management in Namibia. The firm operates as a platform with multiple distinct investment funds: the Königstein Capital Property Investment Fund (KCPIF) for property and infrastructure investments, Spitz Investments as a closed fund targeting healthcare and biomass sectors, and Spitz Capital as a Regulation 29 compliant vehicle focused on broader sectors including agribusiness, healthcare, manufacturing, media, and financial services. Together, these funds provide investors exposure to Namibia's property market, agricultural sector, healthcare infrastructure, and general business through diversified private equity strategies.

Differentiator

Problem solved

Functional benefit

Products and services

• Königstein Capital Property Investment Fund (KCPIF) A property and infrastructure investment fund with the Government Institutions Pension Fund as principal investor, focused on retail, commercial, industrial property, affordable housing, and infrastructure development projects in Namibia; targeted at institutional investors and high-net-worth individuals seeking diversified unlisted property exposure.
• Spitz Investments A closed private equity fund with investments in healthcare (Namibian Oncology Centre), property, and biomass sectors; targeted at institutional and private investors seeking exposure to Namibia's healthcare and renewable resource opportunities.
• Spitz Capital A Regulation 29 compliant unlisted investment vehicle with the Government Institutions Pension Fund as principal investor, focused on agribusiness, healthcare, manufacturing, media, financial services, and general business sectors; targeted at institutional investors requiring regulatory-compliant unlisted exposure.

Quantifiable outcome

• Nearly 700 individual property units developed through KCPIF

Named customers3 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Actis: Global emerging-markets private equity and infrastructure investor with a long-standing Africa presence across real estate, infrastructure, and growth equity. Comparable to Königstein for its Africa-focused PE and infrastructure mandate and institutional LP base.
• African Infrastructure Investment Managers (AIIM): Pan-African infrastructure and real-asset investment manager managing multiple institutional-backed funds. Comparable to Königstein for its institutional LP relationships and real-asset focus, particularly KCPIF's property/infrastructure mandate.
• Brait SA: JSE-listed investment holding company focused on unlisted equity across consumer and industrial sectors. Comparable to Königstein as a Southern African investor in unlisted/private equity opportunities, though operating at a much larger scale and listed.
• Sanlam Private Equity: South African private equity arm of Sanlam, managing direct investments and funds of funds across Southern Africa. Comparable to Königstein for its institutional capital base and unlisted investment strategies.

Direct peers

• Ethos Private Equity: One of the largest South African private equity firms managing multiple funds across sectors. Comparable to Königstein as a multi-fund Southern African PE manager targeting institutional capital and operating businesses.
• African Capital Alliance: Pan-African private equity and venture capital manager headquartered in Nigeria with multiple fund vehicles. Comparable to Königstein as an Africa-focused PE/VC fund manager serving institutional investors and HNWIs with a multi-sector, multi-fund structure.
• RMB Corvest: South African mid-market private equity and venture capital arm of FirstRand/Rand Merchant Bank, investing in unlisted equity across multiple sectors. Comparable to Königstein as a regional private equity and venture capital fund manager with institutional backing and a multi-sector mandate.
• Convergence Partners: Africa-focused private equity firm investing in technology, media, telecommunications, and infrastructure. Comparable to Königstein as a specialist African PE/VC manager with multi-sector, multi-fund exposure.

Emerging players

• Novastar Ventures: East and Southern Africa-focused venture capital firm investing in early- and growth-stage businesses. Comparable to Königstein for its Africa-based PE/VC mandate, though smaller and earlier-stage in orientation.

Regional players

• Capricorn Investment Holdings: Namibian-rooted diversified financial services group with investment management and unlisted-investment activities. Highly comparable given shared Namibian institutional DNA and overlap with founder Albie Basson's prior leadership history.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/k-nigstein-capital

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Königstein Capital