Wholly owned by Spirit Invest, Orion Investment Managers (OIM), in turn, owns several investment managers operating in a number of jurisdictions.

OIM (South Africa) owns Cadiz Asset Management, Palmyra Asset Management, Capita Asset Management, Accorn Investment Management and

Cadiz, Palmyra, Capita and Accorn operate as regulated asset managers in South Africa and, in addition, Palmyra and Accorn also have regulated suites of international funds. These international funds are administered by, the group’s fund administration operation.