Futuregrowth Asset Management

Futuregrowth Asset Management is a fixed interest and developmental investment firm based in Cape Town, South Africa, that manages institutional funds focused on responsible investing and social impact. Operating as part of the Old Mutual Investment Group, the organization oversees approximately R200 billion in assets under management on behalf of institutional pension funds and international investors. The asset manager generates revenue through management fees by providing active oversight across fixed income, infrastructure financing, social impact bonds, and early-stage venture capital. Furthermore, the firm's venture capital and private equity divisions have backed several prominent African technology startups, including portfolio companies such as Yoco, HearX, and SweepSouth. In 2022, a special purpose vehicle owned by AIH Capital acquired a 21.2 percent equity stake in the firm, which was originally founded in 1994 following South Africa's democratic transition.