Andrew Koch and Tracy Morkel have managed the Impact Fund Hedge Fund since inception in February 2002, initially at Coronation and subsequently at Breakwater Capital.

As a result of the unregulated nature of hedge funds in South Africa, we are unable to advertise or publish our performance as this could be considered as an offer to the general public to invest.

Hedge funds are currently unregulated by the FSB.

As has happened in most other sophisticated markets, hedge funds have become an essential addition to most long term investment strategy and we have no reason to believe that South Africa is going to be any different.