Tim Staermose serves as Fund Manager and is described as a full-time value investor and investment writer with a global upbringing spanning Tanzania, Denmark, Egypt, Singapore, and Australia. He focuses on finding undervalued investment opportunities in less widely explored markets, particularly in Africa. His investment approach is informed by on-the-ground research trips to African cities and emphasizes meeting management personally to assess competence and ethics. Staermose is based in Dar es Salaam and is also the author of the Global Value Hunter blog. The management team includes Senior Analyst Muammar Ismaily, Equity Analyst David da Silva, and Operations Manager Eunice Rivero. The fund's board of directors consists of Peter CL Tan and Eric van Aalst, with BG Secretaries Ltd serving as company secretary.

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The fund's objective is to achieve long-term capital growth and regular income from a long-only, concentrated, benchmark-unaware portfolio of listed securities that derive the majority of their revenue and earnings from sub-Saharan African 'Frontier' economies, excluding South Africa. The investment strategy focuses on companies with potential to double earnings every 5 to 10 years in US dollars, buying them at valuations low enough that valuations can double on the same horizon. The fund employs a value investing strategy, selecting high-quality companies that maintain strong competitive advantages and uphold ethical management practices. The fund targets companies generating returns on invested capital (ROIC) in the 20-30%+ range, emphasizing that sub-Saharan Africa provides opportunities to buy wonderful businesses at fair or cheap prices. The investment approach is informed by on-the-ground research including face-to-face management meetings and local market assessment.

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