Brandon Sacks Sally Thornton Dani Hertz Sandi Nqoko Maree Wilms Jonathan Hertz

Robert Katz

SAACM Director

MCom (RAU), CA (SA)

Rob served articles at Ernst & Young after which he served as Group Financial Director of Educor Limited. He then joined Standard Bank and was employed in various senior executive positions including Global Chief Financial Officer for Personal and Business Banking, Managing Director of the Wealth division and Managing Director of Home Loans. Rob was appointed as Chief Financial Officer of Peregrine with effect from 1 March 2010.

Lilla Zuill

SAACM Director

LPC, Postgraduate Diploma in Law

Ms Zuill is a director of HCSBL and involved in the day to day running of HCSBL and is managing partner of HCSBL’s affiliated Bermuda law firm, Zuill & Co. Ms Zuill advises on fund disputes, contentious trust matters and cross-border restructurings, insolvencies and workouts of distressed companies. She joined Harneys in 2014 and was formerly a member of Harneys’ litigation practice in Hong Kong. She is a member of the Bermuda Bar Association, the Chartered Instituted of Arbitrators (Bermuda) and the International Association of Restructuring, Insolvency and Bankruptcy Professionals. She is recognised as a Bermuda lawyer by the Legal 500 and is an author of Bermuda Commercial Law and Offshore Commercial Law in Bermuda.


Mark Fagan

SPC Fund Director, GP Director


Mark Fagan joined HighWater Limited (HighWater) in June 2011. HighWater’s core business is the provision of independent directors and related services to the alternative investment industry. Prior to joining HighWater, Mark spent a year at RBC Dominion Securities as an Investment Advisor and the preceding 5 years at Butterfield Bank as a Portfolio Manager and Performance Analyst. Mark also worked for 5 years in Fund Accounting at both HSBC Financial Services and Butterfield Fund Services in the Cayman Islands. Originally from South Africa where he qualified as a Chartered Accountant with Coopers and Lybrand, Mark has over 15 years experience in the financial services industry, working in London and South Africa before relocating to the Cayman Islands. Mark holds a Bachelor of Commerce and a Bachelor of Accounting from the University of the Witwatersrand, and is a member of the South African Institute of Chartered Accountants. He is a holder of the Chartered Financial Analyst (CFA) Charter and has obtained the Certificate in Investment Performance Measurement (CIPM). He is an active volunteer for the CFA Institute and is Past President of the CFA Society of the Cayman Islands.

Stuart Lacey

SPC Fund Director

BA Economics and International Relations

Stuart Lacey is the President and CEO of SHL Capital. He is also founder and CEO of Trunomi, which is reinventing the way customer information is collected, managed and shared through a technology platform that streamlines Know Your Customer (KYC) and mobile identity verification using a revolutionary consent-based data sharing platform. Stuart has more than 20 years of leadership experience. He has also been managing director of a global financial services firm, with diversified operations including regulated brokerage, custody, trust, asset management, fund administration and corporate services divisions. He is a certified compliance officer and money laundering reporting officer, and has published articles and spoken at industry events about jurisdictional prudence. Lacey is a multiple award-winning member of the Young Presidents Organization, as well as a member of the Young Entrepreneur’s Council and The Institute of Directors. Lacey earned a Bachelor of Arts in Economics and International Relations from McGill University in Montreal, Quebec, Canada.

Jonathan Hertz



After qualifying as an actuary, Jonathan was appointed managing director of Safrican, a leading low cost insurer in South Africa before joining Peregrine Holdings Limited (a publicly listed company on the JSE) in 2000 as Chief Operating Officer. In 2006, Jonathan co-founded Caveo Fund Solutions, a fund of hedge fund business, as a joint venture between Peregrine and Alexander Forbes. In May 2008, he founded South Africa Alpha Capital Management (“SAACM”). Jonathan returned to Peregrine as the Group CEO in April 2013, successfully driving the business for more than four years, before returning to SAACM as CIO in August 2017

Maree Wilms

COO, SPC Fund Director, GP Director

LLB (Hons); IMC (CFA UK)

Maree Wilms has over 15 years of experience working in the hedge fund industry. She started her career at Adelphi Capital, a London based Asset Manager, working in their operational team. She was involved in launching the Small Cap Fund and the Emerging Markets Fund and assisted in raising capital for these funds. She was then appointed to the investment team and worked as an Analyst on the Adelphi European Long Short Equity Fund, starting out as a generalist covering mid to large cap UK & European stocks before specialising in the retail, food and luxury goods sector. Upon returning to South Africa she joined South Africa Alpha Capital Management. Maree graduated from London South Bank University with a 1st class LLB (Hons) degree. She holds an Investment Management Certificate (IMC) issued by the CFA Society (UK).

Sandisele Nqoko

Operations and Investor Relations

BCom Economics

Sandisele Nqoko joined SAACM in March 2015. She holds a BCom Economics degree and has 8 years in the industry as a Portfolio Administrator in a Boutique Financial Services Provider and Investor Relations at Allan Gray. Sandi is responsible for the Fund launches, due diligence and KYC of the business and is the first point of contact for current investors and maintains relationships with service providers.

Sally Cousins

Operations and Compliance

BCom (Hons) Risk Management

Sally Cousins joined SA Alpha in November 2015 to provide operational and compliance support to both the Firm and the Advisors. Sally has 10 years experience in Hedge Fund operations. Prior to joining SAACM, Sally was an Operational Due Diligence Analyst at Cube Capital, a UK asset management company. She reviewed and monitored the operational infrastructure of hedge funds into which the Cube Fund of Fund invested. Past experience includes employment as a back office analyst at a European Hedge Fund and as a fund accountant at Citco Fund Services in Ireland.