Kestrel Capital Research Team

Dyer & Blair Investment Bank Ltd. is an independent brokerage firm headquartered in Nairobi, Kenya. Founded in 1954, the firm provides local and foreign institutional and retail investors access to the listed stocks. They also execute transactions on the fixed income capital markets on behalf of their clients trading in both corporate and government issues, as well as facilitates trading in derivatives on the exchange.

Standard Investment Bank Ltd. provides brokerage services. The private company is based in Nairobi, Kenya.

Canadian Council on Africa provides economic development services. It facilitates and promote trade and investment between Canadian and African private and public sectors. The company was founded by Nola Kianza in 2002 and is headquartered in Ottawa, Canada.

Part of African Alliance Ltd., African Alliance Kenya Securities Ltd. is an investment banking group based in Nairobi, Kenya. The Kenyan company provides local and on-the-ground investment banking services across the African continent, including asset management, corporate finance, stockbroking, private equity, micro loans, property development, retail, and third-party administration.

Kenya Fluorspar Co. Ltd. engages in fluorspar mining. The firm exploits, processes, and sells fluorite deposits for use in the fluoro chemicals market. Its services include mining operations and processing ore. The company was founded by Rupert Charles Field-Marsham in 1971 and is headquartered in Nairobi, Kenya.

The Kenya Scholar-Athlete Project provides education services. The company was founded by Mike Boit and John Manners in 2004 and is headquartered in Kenya.

RBC Global Asset Management, Inc. (RBC GAM) is an investment advisor and mutual fund manager headquartered in Toronto, Ontario. They are an indirect, wholly-owned subsidiary of the Royal Bank of Canada (TSX, NYSE: RY). The firm was founded in 2008 following the merger of RBC Asset Management and Phillips, Hager & North Investment Management in Canada, together with the US-based institutional asset management company, RBC Global Asset Management (US). RBC GAM provides global investment management services and solutions to institutional, high-net-worth and individual investors through separate accounts, pooled funds, mutual funds, hedge funds, exchange-traded funds and specialty investment strategies.

SBG Securities Ltd. is the Kenya-based broker-dealer subsidiary of Stanbic Holdings Plc (NSE: SBIC), which is owned by Standard Bank Group Ltd. (JSE: SBK; OTCMKTS: SGBLY) in South Africa. Headquartered in Nairobi, the firm provides equities trading services to a wide range of clients including both local and foreign asset managers, hedge funds, and insurance companies as well as high net worth and retail clients.

Grand Challenges Canada provides support services for healthcare. It specializes in global health, innovation, global mental health, international development, impact investing, maternal, newborn and child health, and research and development. The company was founded in May 2010 is headquartered in Toronto, Canada.

NEXT Canada provides founder development mentorship, education and networking. The company was founded by Ajay Agarwal, Reza Satchu, Claudia Hepburn and Tim Hodgson in 2010 and is headquartered in Ontario, Canada.