Tembo Capital will invest in both private and publicly listed natural resource companies who are currently in the evaluation, development and production phases, but who are seeking additional capital to either expand existing production or bring new discoveries into production. The primary investment focus is on companies with their principal assets in developing countries.
Tembo Capital will seek to develop a risk weighted portfolio of mining investments spread by commodity, country and investment stage.
Tembo Capital uses the following investment strategy when evaluating investment opportunities:
Industry: Mining, metals and minerals
Time horizon: Medium to long term investment approach
Global focus: Tembo Capital seeks to invest primarily in developing countries
Stage of development: Tembo Capital intends to invest across all the stages of the mining process; resource base expansion, feasibility studies, project financing, and production expansion opportunities
Value-add: Tembo Capital aims to add value through strategic guidance, extensive networks and industry expertise
Investment structures: Tembo Capital invests in portfolio companies across the capital structure, typically through equity, convertible debt, bridging debt, and quasi-equity instruments as well as taking direct project interests
Tembo Capital has adopted a number of policies to ensure it meets the highest international environmental, social and governance standards. In 2017, Tembo Capital signed the United Nations-supported Principles for Responsible Investment (PRI). The PRI is an international global network of asset managers, owners and service providers working together to put responsible investment into practice. The principles, which are voluntary, aim to provide a framework for integrating environmental, social and corporate governance (ESG) considerations into investment decision-making and ownership practices.