R
$
+18.4%
South Africa's SRI Pioneer

Invest in 
what 
matters. 

For over three decades, we've pioneered socially responsible investing in South Africa. Now we're taking a seat at the table — deploying capital directly into communities.

Est.

1992

Pioneer

Unions

6

Partners

Target IRR

18%+

Returns

Scroll

Supported by South Africa's leading trade unions

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Performance

Numbers that
speak volumes

0+

Years of socially responsible investing

0

Trade union partners championing workers

0%+

Target internal rate of return

R
$
+18.4%

Fund Growth

R636M

+12.4%
19922000201020202026

For your investment
growth and impact

PRIVATE EQUITY

Direct ownership in high-growth businesses

Acquire controlling or significant minority stakes in South African businesses across manufacturing, agribusiness, healthcare, education, and logistics.

Target IRR

18-22%

Strategy

Active Management

Live

PRIVATE EQUITY

PERMANENT VEHICLE CAPITAL

Patient capital for transformative impact

Long-term investment free from fixed exit timelines. Supporting worker-owned enterprises, community anchor businesses, and just transition initiatives.

Target IRR

12-15%

Strategy

Active Management

Live

PERMANENT VEHICLE CAPITAL

INFRASTRUCTURE

Building the backbone of South Africa's future

Strategic investments in renewable energy, transport, affordable housing, water systems, and digital connectivity — creating thousands of jobs.

Target IRR

12-16%

Strategy

Active Management

Live

INFRASTRUCTURE

R
$
+18.4%
The Future & Beyond

Impact that goes beyond
the balance sheet

Every COMANCO investment is governed by a detailed Impact Framework that translates capital deployment into quantifiable outcomes.

10,000+

Job Creation

Direct and indirect jobs through supply chain development

50,000 hrs

Skills Development

Training hours, certifications, and apprenticeship programs

100%

Worker Empowerment

Union participation, living wages, and equity ownership

5,000+

Social Infrastructure

Housing, energy access, water, and digital connectivity

Governance

Robust governance
for alternative assets

Our governance model balances active ownership with prudent risk management. All alternative asset investments require approval from a newly constituted Investment Committee.

01

Concentration Risk

No single investment exceeds 15% of total fund assets

02

Liquidity Management

10% liquid reserves maintained at all times

03

Valuation Discipline

Independent third-party valuations semi-annually

04

Operational Oversight

Quarterly board meetings with Unity representation

View Governance Framework
R
$
+18.4%

Investment Committee

Unity Incorporation Representatives
Independent Investment Professionals
COMANCO Executive Director
External Asset Manager Representative

Supermajority Required: Decisions require 5/7 votes, ensuring balanced stakeholder representation.

Market Intelligence

Stay ahead of
the markets

Real-time market data, analysis, and insights to inform your investment decisions.

JSE All Share

84,231.45

+0.87%South African equity benchmark

USD/ZAR

17.84

-0.34%Dollar to Rand exchange rate

SA 10Y Bond

9.82%

+0.03%Government bond yield