Our history forms the foundation of our experience, specialist expertise and track record
Taquanta was cultivated from mergers and acquisitions of several businesses over more than two decades. This combination of expertise and experience in bank treasury management, quantitative investment management and stockbroking forms the foundation of our enviable track record across our offerings.
How Taquanta was established
There is a merger between:
- UAL Merchant Bank
- Nedbank Investment Bank
The merged business is restructured to form:
- Nedbank Treasury Asset Management
- Nedcor Treasury Management Services
- NIB Securities
Taquanta – an empowerment consortium – acquires minority stakes in the three restructured businesses and rebrands them:
- Nedbank Treasury Asset Management to Taquanta Asset Managers
- Nedcor Treasury Management Services to Taquanta Treasury Solutions
- NIB Securities to Taquanta Securities
Taquanta Investment Holdings, which is independent of the Nedbank Group, is established following a partially vendor-financed BEE transaction including management
At the time, the newly established firm is owned by several participants of the original Taquanta consortium as well as founding management
The vendor financing put in place to facilitate the buyout from the Nedbank Group is repaid in full
Taquanta Treasury Solutions is sold to its management
An employee share ownership scheme is established, creating an opportunity for employees to participate in ownership of Taquanta
Eleven employees are allocated direct equity ownership in the business, joining founding management as shareholders
Taquanta Investment Holdings acquired 100% of Ngwedi Investment Managers issued share capital.
This is the deal that saw the coming together of the two formidable investment teams to form an even more transformed, scalable, dynamic, and sustainable business.