B-BBEE

Independent Alternatives is committed to transformation in South Africa.

The business has an inclusive approach to broad based black economic empowerment (BBBEE) which is addressed in terms of ownership and control, employment equity, skills development, preferential procurement, and corporate social investments. The business is currently a Level 2 BBBEE Contributor. Our verification certificate and details of our accreditation are available on request.

Transformation means different things to different people. In essence transformation indicates change. This change can occur in various aspects for organisations including structure, product or services, diversity (race, age, gender, backgrounds) or simply doing things differently. Our transformation strategy incorporates most aspects; however, we prioritise skills development for graduates, youth, and new-entrants into the investment management industry. In support of this, the business launched The Independent Alternatives Hedge Fund Academy and we currently have 1 graduate on the programme.

The company also has a stated procurement policy, which favours BBBEE suppliers as well black owned businesses. Wherever possible, the company chooses a BBBEE supplier to render services. This includes the appointment of empowered stockbrokers, empowered compliance officers, empowered auditors, empowered legal services providers and empowered Mancos.