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Our Company

Rooted in history.
Nurturing growth.

We evolved from a corporate finance advisory practice into an institutional alternative asset manager with in excess of R4 billion in Assets Under Management.

Our Story

Building enduring value across Sub-Saharan Africa.

Nisela Capital initially operated as an advisory firm with added corporate finance related services. This active presence in corporate advisory allowed the firm to gain access to a significant number of high-potential companies requiring recapitalisation, growth capital, or balance-sheet optimization.

Over time, Nisela gradually transformed to include asset management as the firm's core capability. Today, Nisela Fund Managers operates as a Category II Licensed FSP (FSP 43636) and a Level 1 BEE Service Provider, managing segregated institutional alternative asset and discretionary wealth mandates.

Our next phase of evolution involves the formation of a flagship private equity fund, establishing our position as a prominent black-owned financial services company operating across the Sub-Saharan African continent.

Core Principles

What we stand for.

Sophisticated capital requires aligned principles, long-term horizon, and rigorous execution.

01

Aligned Long-Term Views

We manage portfolios on a full-cycle horizon where patience and conviction are the primary drivers of sustainable, compounding return.

02

Quality Execution

Our team's institutional pedigree ensures a highly rigorous, disciplined investment process and institutional-grade reporting transparency.

03

Backing Outstanding Entrepreneurs

We identify and back highly capable operators who possess strong operational track records but require structured capital and deal acumen to unlock value.

Leadership

A senior team.

pedigree and founder mindset, with senior professionals leading every client mandate.

Portrait of Richard Ngwenya

Richard Ngwenya

Founder & CEO

BCom (Finance & Accounting) (UCT) - 18 Years Experience

Richard is a seasoned dealmaker and investment banking professional. He held senior roles at Deloitte, Investec Bank, and Barclays Africa Group before founding Nisela Capital. As Founder and CEO, he leads the firm's advisory, capital raising, and alternative asset management mandates across Sub-Saharan Africa.
Portrait of Rapelang Rabana

Rapelang Rabana

Director

B.Bus.Sci (UCT) - WEF Young Global Leader - 13 Years Experience

Rapelang is a globally recognized technology entrepreneur and digital technology pioneer. She brings extensive strategic depth on technology-enabled platforms, venture capital, innovation, and digital business scaling opportunities across the African continent.
Portrait of Nigel Chamunorwa

Nigel Chamunorwa

Director to Advisory Services

CA (SA) - 10+ Years Experience

Nigel leads the transaction advisory and credit analysis process for Nisela's advisory activities. A Chartered Accountant with a strong background in auditing, corporate finance due diligence, and capital management, he oversees financial models and valuations.
Get in touch

Discuss a mandate with our team.

Let us collaborate to deliver robust structured solutions, discretionary alternative asset mandates, or corporate lending solutions.