Private equity portfolio
Beyond Snowball Wealth's listed-equity portfolio, Sygma holds direct stakes in a small number of private operating businesses, providing management and treasury support alongside capital.

Umkhumbi Logistics provides freight and supply-chain services. Sygma's involvement runs from treasury oversight to operational strategy.

Havaianas South Africa distributes to over 300 customers across Southern Africa and owns and operates 10 of its own retail stores, with Sygma supporting management and finance.
Why we invest privately
Regulated fund managers rarely get close enough to a business to really understand it. Our private equity holdings are chosen deliberately — small enough for direct involvement, resilient enough to compound in their own right, and run by people we trust.