1Stock Limited
1Stock is an investment management firm based in Kampala, Uganda. Founded in 2018, the firm serves high-net-worth individuals, family offices and institutions. 1Stock began operations mainly in hedge funds but is now active in credit, venture capital, infrastructure and real estate.
Business Activities
1Stock operates primarily through; hedge funds, private equity, venture capital, real estate and credit.
The Reaper Fund
1Stock's hedge fund, has reported NAV rise of 1,049.30% (as of September 2023) since inception [1] and was one of the nominees of the Global Hedge Fund Awards, by Eurekahedge, under the Best New European Hedge Fund Category, which recognized the top performing hedge fund managers of 2018.[2]
1Stock Private Credit Fund
Takes advantage of opportunities in Africa, mainly in the infrastructure, manufacturing, agro - processing and renewable energy sectors.
1Stock Venture Capital Fund
Under 1Stock, LLC, registered as an investment advisor by the SEC and FINRA in the US, in partnership with the Silicon Valley Syndicate Fund, that seeks to provide investors with a diverse selection of high - quality, efficiently managed technology companies within managed risk controlled models. Investments span across; internet, software, consumer, enterprise IT, life sciences, cyber security, fintech and AI.
Pal and Lisa
An organisation with interests in real estate, education, professional services, land banking and agriculture.
1Stock Aircraft Charter Services (1SACS)
In 2020, 1Stock established 1SACS which offers aircraft charter services on an international network with experience, flexibility and reliability.
Notable Investments
• Patreon (valued at $4 billion[3])
• Chipper Cash (valued at $2 billion[4])
• Privé Technologies[5] (valued at $243 million)
• Muncher[6] (valued at $190 million)
• Pal and Lisa Schools
• Pal and Lisa Club
• SpeedSize[7] (valued at $100 million)
• Accern[8] (valued at $90 million)
• HyPoint (acquired by ZeroAvia;[9] valued at $80 million)
• Mobalytics[10] (valued at $75 million)
• Spin Technology (valued at $55 million[11])
• namecoach[12] (valued at $50 million)
• 1Stock Residences[13]
• Vule Airways
Awards
In 2024, 1Stock was nominated for the KEOnline Digitally Fit Awards under the Holding Company category. [14]
In 2023, 1Stock was a Regional Finalist of the Global Startup Awards, under Best Venture Capital Firm, Startup of the Year and Founder of the Year.
In 2021, 1Stock was nominated for the Global Startup Awards under Startup of the Year, Founder of the Year and Best Newcomer of the Year.
In 2019, 1Stock's hedge fund, The Reaper Fund, was one of the nominees of the Global Hedge Fund Awards, by Eurekahedge, under the Best New European Hedge Fund Category, which recognized the top performing hedge fund managers of 2018.[15]
References
- ↑ "The 6 a.m. CFO: How 1Stock Limited’s Nixon Kitimoi Starts His Day" (in en-US). https://www.cfo.com/news/6-am-cfo-1stock-limiteds-nixon-kitimoi-uganda-holding-company/692795/.
- ↑ "Eurekahedge Global Hedge Fund Awards 2019 Profile". https://www.eurekahedge.com/Research/News/1911/Eurekahedge-Global-Hedge-Fund-Awards-2019-June-Profile.
- ↑ Armental, Maria (2021-04-07). "WSJ News Exclusive | Patreon’s Valuation Triples to $4 Billion as Platform Draws Creators, Fans" (in en-US). Wall Street Journal. ISSN 0099-9660. https://www.wsj.com/articles/patreons-valuation-triples-to-4-billion-as-creators-and-fans-flock-to-platform-11617762374.
- ↑ Kene-Okafor, Tage (2021-11-02). "Chipper Cash gets $2B valuation with $150M extension round led by FTX" (in en-US). https://techcrunch.com/2021/11/01/chipper-cash-gets-2b-valuation-with-150m-extension-round-led-by-ftx/.
- ↑ (in en) Privé Technologies on Wealth Management Solution, FinTech, 2022-01-10, https://www.bloomberg.com/news/videos/2022-01-10/priv-technologies-on-wealth-management-solution-video, retrieved 2023-06-22
- ↑ Garcia, Alejandra Cruz (2022-11-09). "Dark kitchens startup Muncher scoops up $27M Series B to expand operations" (in en-US). https://latamlist.com/dark-kitchens-startup-muncher-scoops-up-27m-series-b/.
- ↑ "Amasty and SpeedSize™ Partnership Brings Revolutionary AI Media Optimization Plugin to Magento Users" (in en-US). 2023-03-16. https://finance.yahoo.com/news/amasty-speedsize-partnership-brings-revolutionary-114200807.html.
- ↑ Wiggers, Kyle (2022-05-02). "AI-powered Accern lands $20M to analyze financial documents" (in en-US). https://techcrunch.com/2022/05/02/accern-lands-20m-for-ai-that-analyzes-financial-documents-on-the-web/.
- ↑ Kaminski-Morrow2022-10-06T08:25:00+01:00, David. "ZeroAvia reinforces hydrogen fuel-cell technology position with HyPoint acquisition" (in en). https://www.flightglobal.com/aerospace/zeroavia-reinforces-hydrogen-fuel-cell-technology-position-with-hypoint-acquisition/150452.article.
- ↑ "Mobalytics and Overwolf join forces to expand competitive features" (in en-US). 2022-11-15. https://venturebeat.com/games/mobalytics-and-overwolf-join-forces-to-expand-competitive-features/.
- ↑ Wiggers, Kyle (2022-08-09). "Spin Technology raises $16M to protect SaaS apps against attacks" (in en-US). https://techcrunch.com/2022/08/09/spin-technology-raises-16m-to-protect-saas-apps-against-attacks/.
- ↑ Namecoach (2022-11-17). "Namecoach Lands $8 Million Series A to Advance DEI and End Name Butchering in the Workplace" (in en). https://www.globenewswire.com/en/news-release/2022/11/17/2558346/0/en/Namecoach-Lands-8-Million-Series-A-to-Advance-DEI-and-End-Name-Butchering-in-the-Workplace.html.
- ↑ "1Stock Limited Commits $ 18.9 Million to a Bahamian Off Plan Estate | PressReleasePoint" (in en). http://www.pressreleasepoint.com/1stock-limited-commits-189-million-bahamian-plan-estate.
- ↑ "1Stock Limited - Contacts, Career, Services/Products | 2024 KEOnline.biz" (in en). https://keonline.biz/business/209673-1stock-limited.
- ↑ "Eurekahedge Global Hedge Fund Awards 2019 Profile". https://www.eurekahedge.com/Research/News/1911/Eurekahedge-Global-Hedge-Fund-Awards-2019-June-Profile.
