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Alexis Caude is the managing associate 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 strategy to his private investments. He invests within the hospitality sector in Europe and the US, an business he is aware of properly.
He additionally holds gold and US equities, leaning towards worth shares quite than the technology-driven momentum class. In terms of 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. Nevertheless, he does purchase particular person shares himself. “I additionally purchase shares instantly once I assume that I’ve an edge or once I assume that I do know the business properly,” 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 longer term progress.”
As a result of he’s additionally an investor in Adenia’s funds, he must hold liquid belongings available to contribute capital each time the agency makes a brand new funding. Because of this, he holds Swiss francs, a foreign money 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
