Peregrine Capital

01/06/2026

Peregrine Capital Q&A
How would you describe your investment philosophy as it pertains to managing hedge funds?

“We follow a fundamental, bottom-up investment approach grounded in valuation. We seek to identify assets trading at a meaningful discount to our assessment of intrinsic value, and exit positions as that gap closes. The hedge fund structure expands our opportunity set, allowing us to take both long and short positions and generate returns regardless of market direction.

Our edge lies in identifying superior and inferior businesses and management teams, and translating that into expected returns. We combine rigorous analysis to build conviction, with a particular focus on more complex or under-researched opportunities where we believe mispricing is more likely to occur.”

Contact us today to learn more about hedge funds and how they can form part of your investment portfolio. Visit: https://www.peregrine.co.za/contact-us

28/05/2026

Peregrine Capital is helping to make maths fun by sponsoring the 24SumMore Maths Competition, which is built around the much-loved 24 Game! This is so important as it shifts the perception of the subject from a stressful, rigid chore to an engaging, creative, and accessible activity.

When learners have fun with numbers, it fosters a positive mind-set that reduces anxiety and builds confidence. The 24SumMore Competition is the perfect way to do this. Through the 24 Game, instead of memorising formulas, children actively engage with numbers. They learn to think quickly, recognise patterns, and explore different ways to reach a solution while still having fun.
As they grow older, strong numerical skills can be applied over many different industries, opening doors to in-demand careers and helping with everyday life decisions.

Learn more about the 24SumMore Maths Competition and our impact here: https://bit.ly/4c63qwu

21/05/2026

We hosted the Peregrine Insider in Cape Town this morning and shared our latest thinking on the markets with advisors.

A few of the themes we explored:

The Iran conflict is weighing on oil markets, and the longer it drags on, the more it complicates the picture for inflation, interest rates, along with the global and South African outlook.

At the same time, the pace of AI is extraordinary. Revenue, compute, and memory demand are at levels the world has never seen, and we remain very bullish on AI as one of the defining opportunities of our generation.

In a volatile world, our first job is to protect our investors' capital. That discipline is what allows us to step in with confidence when valuations create real opportunity, and history shows that some of the best opportunities are born in moments of crisis.

Our view on gold as a store of value holds, and we believe it remains a sensible hedge for the medium term as a new global order takes shape.

Almost 28 years on, our process is the same as it has always been. Thoughtful, patient, and grounded in conviction.

Thank you to all the advisors who joined us. Your questions and conversations made it a real highlight.

19/05/2026

Earlier today we hosted an informal lunch with some of our advisors in Johannesburg. It was an opportunity for open conversation about what is driving markets right now and where we see the road ahead.

Our Chairman, David Fraser, shared his perspective on the shifting geopolitical landscape, including the impact of war on the global and South African short-term outlook, the upside of AI acceleration, and the compelling case for investing in China.

Ruanne Foster, our Head of Data-Driven Strategies, then spoke about how AI is being integrated into our investment platforms and thesis, and what that means for how we generate insights and make informed investment decisions in real time.

Thank you to every advisor who joined us around the table today.

Advisors, to learn more about Peregrine Capital visit www.peregrine.co.za

14/05/2026

Yesterday, our Investment Specialist Kavita Patel hosted a select group of investment advisors, alongside Ian Edwards (MD at 1.618 Advisory Services) and Nadir Thokan (Alex Forbes Investments), a focused forum built for real dialogue, not just presentation.

The conversation centred on portfolio construction through a hedge fund lens: how strategies with different return drivers can be layered to complement one another across market cycles, smoothing the ride for clients while still compounding meaningful long-term wealth. In a world that feels increasingly uncertain, this kind of intentional diversification has never mattered more.

The perspective on model solutions brought the discussion full circle, giving advisors practical, scalable ways to put these ideas into action across their businesses.

A heartfelt thank you to the advisors who joined us, leaned in, and asked the questions that pushed the thinking forward. That's where the real value lives.

13/05/2026

A big thank you to Finsolnet for hosting us at your recent Investment Conference. It was wonderful to connect with South Africa's independent financial advisor community and share in the conversations around wealth management, market trends, and what lies ahead for our industry.

Thank you to our Head of Distribution, Alan Yates, for introducing Peregrine Capital and our funds to the Finsolnet network. We always value the opportunity to engage with advisors who put their clients first.

07/05/2026

Today, the Peregrine Capital team came together for our Quarterly Business Review.

It is a valuable opportunity to reflect on the quarter behind us, share the wins, insights and innovations across our teams, and align on the strategic priorities that will shape the months ahead.

A particular highlight was hearing how our different business units are putting AI to work in meaningful ways, lifting the quality of our output, sharpening efficiency, and ultimately helping us serve our clients better.

We're proud of what this team continues to build together, and we're looking forward to what the next quarter has in store.

21/04/2026

In Edition 9 of The Hundred Times newsletter which was published last week, Justin Cousins, Executive Director and Portfolio Manager, provides a detailed quarterly review, covering the domestic and international market dynamics that shaped performance in Q1, including the exceptional rally in resources and precious metals, the impact of US tariffs, and how the fund's exposure was positioned and adjusted through the quarter.

Read the newsletter below.

Edition 9 april 2026 The Hundred Times WATCH SERIES We've put together a comprehensive guide to help you understand the fundamentals of hedge funds. Whether you're new to the concept or looking to deepen your knowledge, this video series covers the essentials—how hedge funds work, why they matter,...

20/04/2026

Enhancing Returns with a Dash of Alpha: Using Hedge Funds in Portfolio Construction, by Waldo Booysen, Investment Specialist at Peregrine Capital

In the world of portfolio construction, achieving superior returns often resembles a delicate balancing act, much like seasoning a well-prepared meal. Core ingredients such as equities and bonds provide structure, but without thoughtful enhancement, the end result can feel underwhelming.

Hedge funds, when used as a source of portable alpha, can serve as that critical finishing touch, enhancing returns without fundamentally altering the underlying portfolio. For financial advisers navigating today’s low-return and uncertain environment, this approach offers a compelling way to improve outcomes while maintaining diversification and risk discipline.

Read the Moneyweb article below.

Discover how hedge funds and portable alpha strategies can enhance portfolio returns while maintaining diversification and risk discipline.

16/04/2026

Edition 9 of The Hundred Times newsletter has been published.
David Fraser (Chairman) and Jacques Conradie (CEO) discuss how we have been navigating conflict and volatility over the past quarter, what this means for the three major themes in our portfolio:

1 - South African economy: Active position changes, selective hedges, and why some businesses may actually benefit in this environment.

2 - Store of value assets: Gold and platinum miners continued to reinforce the geopolitical thesis we came into the year with, and we remain constructive on the medium-term outlook.

3 - Artificial intelligence: We believe we have entered a singularity phase of AI improvement, and our excitement around the businesses we own in this space has only grown.

As David and Jacques said, great investment decisions are made in very uncertain times.

Read the newsletter here: https://peregrine.maglr.com/newsletter-april-2026/newsletter