People & history
A small firm,
on purpose.
RECM has never needed to be large. In fact, our experience has been that the smaller the team, the better the decisions. We accept and live with the consequences of our decisions.
Piet Viljoen
Founded RECM in 2003 and has driven and refined our fundamental, value-led approach ever since. Piet is an analyst first and foremost.
Piet is the portfolio manager of the Merchant West Worldwide Flexible Fund and the RECM Worldwide Flexible Fund.
He writes a weekly letter on markets, economies and life in general, the clearest public record of how the firm thinks.
Jan van Niekerk
Joined RECM in its early years and has been central to the shape the group has taken since, the private client business, the combination of the public fund business, and the funds through which the group now invests across the capital structure.
Jan is the portfolio manager of the RECM Flexible Value Prescient QIF and runs Maximus Corporation.
How we work
Few people, long tenures, and no committee between an idea and a decision. Research is done by the people who will own the position.
Where an activity outgrows us, we give it a dedicated management team rather than dilute our attention.
Our own capital sits in the funds we manage. We eat what we cook.
The people are the process. Meet them.
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