Cirrus Capital was started in February 2017, with a focus on corporate advisory, capital raising and research.
The founding team left the established jobs in the industry sector to start the company, in view of the need to both develop Namibia’s financial sector depth and develop suitable financing methods for Namibian real sector development.
Despite a few companies working in this space prior to 2017, progress was slow. New listings on the primary equity market are rare, while the issuance of new debt instruments remains well below potential levels.
Thus, there exists a need to increase the number, variety and nature of available assets in the local market. The development of this space will serve the interests of private equity owners, pension fund members, insurance companies, asset managers and other investors, as well as the public sector.
Since 2017, Cirrus has completed a number of capital raising deals, totaling well over N$1 billion (U$70m) in the first 24 months of operations, as well as advised on a number of small and large transactions.
by Cirrus in 18 months
N $ 1 B i l l i o n
Working through Cirrus Capital helps to remove the obvious bottlenecks between investors and beneficiaries, helping to create wealth and jobs for Namibians, while making it easy for all parties concerned to do business.