Alexis Caude is the managing accomplice of Africa-focused funding agency Adenia Companions. In a latest interview with How we made it in Africa, he revealed how he invests his private cash.
Caude takes a considerably conservative method to his private investments. He invests within the hospitality sector in Europe and the US, an business he is aware of nicely.
He additionally holds gold and US equities, leaning towards worth shares relatively than the technology-driven momentum class. Relating to equities, he buys each index funds and particular person shares.
Referencing Warren Buffett, Caude explains that if one doesn’t have the time to check particular person shares, it’s higher to purchase an index. Nonetheless, he does purchase particular person shares himself. “I additionally purchase shares instantly after I assume that I’ve an edge or after I assume that I do know the business nicely,” he says. “Then I attempt to apply the identical methodology that we do in non-public fairness: analyse the return on invested capital, analyse the aggressive positioning of the corporate, understanding the value [and] the long run development.”
As a result of he’s additionally an investor in Adenia’s funds, he must maintain liquid belongings available to contribute capital each time the agency makes a brand new funding. For that reason, he holds Swiss francs, a forex he favours for its capacity to retain its worth.
His investments additionally embody an artwork assortment, which connects on to his private ardour for portray.
Learn our full interview with Alexis Caude: How this French serial entrepreneur began investing in Africa
