On 1 December 2020 Laurium Capital (Laurium) acquired 100% of the equity of Tantalum Capital (Tantalum), as previously held by the Tantalum management team and RMI Investment Managers. The Laurium and Tantalum teams are very excited to work together, having built strong personal and professional relationships over many years, based on similar value systems and investment DNA.
The three key members of the Tantalum management team being Rob Oellermann, Mike Lawrenson and Melanie Stockigt join Laurium on a permanent basis following the formal implementation of the transaction.
The primary objective of the transaction is to strengthen the combined efforts of the teams across multi-asset portfolios, with an emphasis on global equities and fixed income. We are confident that the transaction results in a combined team with deep experience and strong capabilities across the full range of investment mandates, while also allowing for additional emphasis on global equity research.
On the global front, the Tantalum team has been building its global equity capability, which will complement Laurium’s efforts in this area. As global allocations become an increasingly large part of multi-asset funds in South Africa, we believe it is important to develop a dedicated global capability.