Sandown Capital’s Private Equity business comprises a series of Guernsey-regulated legal entities:
- Sandown Capital Limited – Investment Adviser
- Sandown Capital International GP – Private Equity General Partner
- Sandown Capital International LP – Private Equity Limited Partner
The fund structure is simple and effective: designed to make the process of on-boarding and administering the management of third-party capital straight-forward. Governance structures are totally transparent meaning that investor due diligence processes are simplified. The investment manager / adviser provides investment advice to the General Partner whilst individual investments are held at the Limited Partner level.
Fund Mandate, Board Structures, Advisors & Partners
Sandown’s Public-To-Private equity fund is actively managed and closed-ended with a term of 10-years (with 1 +1 extensions). Its primary aim is to deliver long-term capital growth with capital distributions back to investors upon crystallization of value events.
Sandown Capital’s primary mandate is to invest in intrinsically undervalued public companies across the African continent, starting in South Africa, with the intention of seeking ultimate control and driving substantial value creation.
The fund holds a diversified portfolio of investments across adjacent sub-sectors designed to extract synergies via collaboration and technology sharing.
Sandown’s central objective is to achieve long-term returns above a benchmark 20% Internal Rate of Return.
Board Of Directors: Sandown Capital Limited – Investment Advisor
- Andy Smith: CEO, Sandown Capital
- Tom Amy: MD, Alter Domus (Guernsey)
- Andrew Whittaker: Independent, Aver Partners (Guernsey)
- Rabie Abas: Group Partner, MD Oxygen Consulting (Guernsey)














Investment Committee Advisors
- Oyama Mabandla: Independent & Ex Chairman Vodacom
- Warren Chapman: CEO Peresec
- Andrew Hannington: Power Advisors / Independent
- Mandy Munro Smith: Legal Counsel / Independent
- Paul Baloyi: Independent
- Tom Amy: MD, Alter Domus (Guernsey)
- Christopher Anderson: Partner, Carey Olsen (Guernsey)
- Rob Mailer: Partner, Morgan Lewis (London)
- Andrew Whittaker: MD, Aver Partners
- Rabie Abas: MD, Oxygen Consulting
Investment Team & Track Record

Lord Bellingham
Chairman General Partner

Oyama Mabandla
Chairman Investment Committee

Andy Smith
Chief Executive Officer

Paul Baloyi
Investment Committee Member

Warren Chapman
Investment Committee Member

Craig Beney
Investment Committee Member

Andrew Hannington
Investment Committee Member

Mandy Munro-Smith
Investment Committee Member
“Someone’s sitting in the shade today because someone planted a tree a long time ago”
Warren Buffet