Kassai Evolution I Fund Launches with Kz 27,5 Billion, Recording Angola’s Largest-Ever Launch Subscription for a Closed-End Investment Fund

<p data-pm-slice="1 1 []" data-pasted="true"><strong>Kassai Evolution I – FEIVMF officially launched on 29 September, having raised approximately AOA 27,5 billion. This represents the largest amount ever raised at the launch of a closed-end securities investment fund in the Angolan market and marks a new milestone in Kassai Capital’s growth trajectory.</strong></p><p style="margin-left: 0">With a three-year term, Kassai Evolution I is an actively managed, multi-asset closed-end fund designed to invest in different opportunities across the money and capital markets through a portfolio that may include public and corporate debt instruments, shares and other eligible securities.</p><p style="margin-left: 0">The scale achieved at launch gives the Fund the capacity to participate in significant transactions and build a diversified portfolio, while highlighting the growing demand for professionally structured and managed investment solutions.</p><p style="margin-left: 0">For Kassai Capital, the Kz 27,5 billion raised represents more than a fundraising milestone. Kassai Evolution I increases the company’s assets under management to more than <strong>Kz 162 billion</strong>, distributed across four investment funds with distinct strategies, reinforcing its ability to structure solutions and mobilise capital at scale.</p><p style="margin-left: 0"><strong>Active management, diversification and market access</strong></p><p style="margin-left: 0">Kassai Evolution I’s strategy is based on the flexibility to allocate capital across different asset classes. Professional management enables market conditions to be assessed continuously, opportunities to be selected and the portfolio to be adjusted in line with the strategy and limits defined for the Fund.</p><p style="margin-left: 0">For investors, this structure provides access, through a single vehicle, to a diversified and professionally managed strategy, including for those starting their investment journey or who do not directly follow the financial markets.</p><p style="margin-left: 0">For companies, the growth of the asset management industry helps to broaden the capital base available in the market and create alternative sources of finance for growth and expansion. Funds therefore play an increasingly important role in mobilising savings and stimulating the capital market.</p><p style="margin-left: 0"><strong>“Raising approximately Kz 27,5 billion in just over one month is a highly significant demonstration of investors’ confidence in Kassai and in the Evolution I strategy. The scale achieved also increases our responsibility. The focus now shifts to execution, with discipline in capital allocation, rigour in selecting opportunities and management focused on creating value for our investors.”</strong></p><p style="margin-left: 0"><strong>Chairman Walter Pacheco.</strong></p><p style="margin-left: 0"><strong>Evolution I increases Kassai’s assets under management to more than Kz 162 billion</strong></p><p style="margin-left: 0">Evolution I joins <strong>Kassai Curto Prazo – FEIVMA, Alpha 1 – FCR and Fénix – FCR</strong>, consolidating a platform of four funds with different strategies, time horizons and investment opportunities.</p><p style="margin-left: 0">Kassai’s development includes landmark transactions, including the Fénix Fund, through which the acquisition of a 70% stake in Banco de Negócios Internacional (BNI) was completed. The launch of Evolution I now adds a new dimension to the management company’s activities and strengthens its position in the asset management market.</p><p style="margin-left: 0">Following the close of the subscription period, Evolution I now enters the execution phase of its strategy. The priority is focused on building the portfolio, selecting assets and managing the <strong>Kz 27.5 billion raised</strong> throughout the Fund’s three-year term.</p><p style="margin-left: 0"><strong>About Kassai Capital</strong></p><p style="margin-left: 0"><strong>Kassai Capital, Sociedade Gestora de Organismos de Investimento Colectivo, S.A.</strong>, is a management company authorised and supervised by the Capital Markets Commission.</p><p style="margin-left: 0">With four investment funds and more than <strong>Kz 162 billion in assets under management</strong>, Kassai Capital structures and manages investment solutions for individual investors, companies and institutions.</p><p style="margin-left: 0"><br></p><p style="margin-left: 0"><span style="font-size: 12px">Press and Institutional Communications Contact Kassai Capital SGOIC, S.A.</span></p><p style="margin-left: 0"><span style="font-size: 12px"><strong>comunicacao@kassaicapital.ao</strong></span></p>