Stephen Ernest Brown

Fairtree Asset Management (Pty) Ltd. (Fairtree) is the alternative fund management subsidiary of Fairtree Capital Pty Ltd. in South Africa. The firm was founded in 2006 by André Malan and Jacobus Nel. Headquartered in Bellville with an office in the British Virgin Islands, Fairtree manages alternative and long-only investment portfolios across all global asset classes for institutional clients and high net worth individuals.

RMB Asset Management Pty Ltd. (RMB-AM) is an asset management firm based in Johannesburg, South Africa. RMB-AM was established in 1989 and is a wholly-owned subsidiary of FirstRand Asset Management, which in turn is a wholly-owned subsidiary of Momentum Group Ltd., and ultimately of Sandton-based FirstRand Ltd. (JH: FSR). The firm manages mutual funds (unit trusts) for private individuals as well as institutional funds for corporates, parastatals, pension funds, medical aids, educational institutions and foundations.