Investment Committee
Investment Committee
Steve Schnell (57)
Non-executive Investment Committee Chairman
B Com (Hons - Economics) Llb
After being admitted as an attorney, Steve gained experience across the corporate and structured finance advisory fields with UAL Merchant Bank and Capital Alliance Bank. In 2002 Steve joined Dimension Data as MD of Protocol Venture Capital. There he managed a portfolio of early stage investments, oversaw the consolidation of numerous non-core group investments and provided corporate finance advice to the broader group across a number of jurisdictions. Steve joined Brait in 2007 as head of the Proprietary Investing division, where he was responsible for Brait’s investment activities outside of funds. Following Brait’s transition to an investment holding company in 2011, Steve was appointed an executive director. At the end of 2015 Steve left Brait. Since 2020, Steve is the CEO of the Fulcrum Group.
Bruce Macrobert (58)
Non-executive Investment Committee Member
B.Com, B.Compt (Hons), CA(SA)
Bruce is a qualified chartered accountant. He spent three years in the Investec Bank corporate finance team, and spent twenty years in the private equity business of Brait until 2017 during which time he was a director of Brait for fifteen years. He served on a number of boards for Brait including the boards of Primedia for 10 years and Consol for 11 years. He was appointed chairman of Consol in 2010, a role in which he continues after the acquisition of Consol by Ardagh Group. He currently runs his own private equity investment programme, co-founding Network Investment Partners and serves on the boards of Afrihost (chairman), Silicon Sky Consulting as well as Western Province Rugby.
Stephen Ross (73)
Investment Advisor
BA
Stephen’s experience across retail, apparel private label development and brand management spans in excess of forty years. Stephen has worked in Macy’s, Lord and Taylor and Sears Roebuck and Co, as well as in Phillip Van Heusen Corporation looking after brands such as Van Heusen, Arrow, Calvin Klein and Tommy Hilfiger. In 1998 Stephen left the United States, after being recruited by South African Breweries to turn around the ailing Edcon. This Stephen achieved with market capitalisation increasing thirty-one fold from R800 milllion in 1998 to a R25 billion transaction being concluded with Bain Capital in 2007. In addition to an extensive retail pedigree, Stephen also has comprehensive equity and debt market experience in South Africa, the United Kingdom and the United States. After having left retail, Stephen became involved in many charity organisations in South Africa and also took up the chairman role of the advisory board of Accenture until the end of 2018. He has been the chairman of the board of Christel House South Africa since 2012 until 2020 and is now the non-executive chairman of Christel House International. He is also the chairman of the governance committee and a member of the board of trustees at his old alma mater, Washington and Jefferson College in Pennsylvania.