Prowess Investment Managers (Prowess) hosted a webinar looking back at its illustrious 13-year journey in the investment management industry. Facilitated by its Board Chairman, Dr Sam Ndoga who was joined by Prowess Founder and CIO Kelebogile Moloko, Professional Independent Trustee Mabatho Seeiso and Cheryl Wyngaard the Prowess Head of Client and Stakeholder Management.
The webinar also touched on issues of inclusivity in the investment management sector, access to capital, qualities of a good investment manager, and the role investment managers can play in creating the future we want to be a part of.
Founded in 2009 by Kelebogile Moloko, the business has grown organically to become a preferred Black women-owned asset manager in SA and has shown immense resilience in the face of immense transformation challenges in the investment management industry.
This resilience has paid off with Prowess now having achieved over R10 billion in assets under management.
When she founded Prowess, Kelebogile was inspired by how powerful capital could be if deployed in high impact industries such as infrastructure. It is for this reason that Prowess is now focused on implementing its infrastructure, private debt and SMME fund offerings.
“There is so much money in our banking and investment sector, yet so many South Africans are living in poverty. This has inspired Prowess to want to change the landscape.” Said Kelebogile
As an asset allocator and key decision maker, Mabatho emphasised the need for asset managers, such as Prowess, to be trusted partners in delivering value and consistent returns to clients.
Over the years, Prowess has partnered with clients to invest for sustainable generational wealth, through smart investments in strategic socio-economic projects that benefit marginalised communities, such as investing in education services and low-income housing.