Umbono Capital

Group Structure

Corporate Finance Advisory	Energy and Resources Fund	Umbono Fund Managers
Energy and natural resources sector focus with clients including Rio Tinto, AngloGold, Harmony Gold, De Beers, Eskom Johannesburg, London and Toronto offices Main business areas M&A acquisition/ disposals of “junior” type assets to/from mining majors Equity financings for junior energy, mining, exploration and IPP companies SA BEE transaction structuring, counterparty identification, funding	Umbono principal investment fund currently ~US$200m targeting Mining and exploration Traditional energy E&P Traditional power generation Alternative energy – biofuels, power generation, technology Land, timber and agriculture Primarily venture capital and other early stage investments Southern Africa and the Canadian North Equity participation structured with Umbono as a BEE/ local partner in the Southern African context	Institutional fund managers – current assets under management of ~USD 6.5bn Quantitative and index tracker products Now majority owned by Old Mutual as an “Investment” Boutique Umbono retains 11% of UFM holding company