# Tembo Capital

Tembo Capital is a Private Equity based in London, United Kingdom.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** London, United Kingdom
- **Region:** Europe
- **Address:** London, United Kingdom
- **Founded:** 2014
- **Assets under management:** Undisclosed
- **Website:** www.tembocapital.com
- **LinkedIn:** https://www.linkedin.com/company/tembo-capital

## Regulatory record

- **CRD number:** 282782
- **SEC file number:** 802-118526
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/282782

## About

Tembo Capital is a private equity group focusing on natural resources and clean energy metals. It makes strategic investments in mining companies focused on the clean energy transition, partnering with experienced management teams to advance high quality mining assets. The firm focuses on junior and mid-tier mining companies and assets and works collaboratively with investee companies through a long-term partnership-type approach.

## Sectors

- Natural resources and clean energy metals; mining

## People

- David Street — CEO
- John Hodder — MD, Tembo Australia
- George Pyper — Partner
- Mark Palmer — Partner
- Tim Dudley — Partner
- Paul Siveyer — Chief Financial Officer
- Carl Noack — Investment Director
- Bushra Shabazz — Legal Counsel
- Nikki Knobel — Head of Finance
- Chris Tonkin — Vice President
- Yusuf Dada — Vice President
- Alex Burrell — Vice President
- Niyazi Bayramov — Head of Fund Operations
- Felicity Hamilton — Executive Assistant and Office Manager

## Questions

### How does Tembo Capital source proprietary deal flow?

Tembo sources opportunities through longstanding relationships with mining entrepreneurs, geologists, and engineers who have previously built successful resource companies. Because the junior mining sector is highly networked and often avoided by larger funds, Tembo's focused mandate and technical credibility give it access to pre-broker and pre-public-market situations that generalist firms do not see. The firm also participates as an anchor investor in private placements where its presence can act as a validation signal for other institutional capital.

### What investment stages does Tembo Capital typically target?

Tembo's mandate spans early-stage exploration companies, later-stage development projects close to construction, and producing assets that require growth or bridge capital. This wide stage coverage is unusual in mining private equity and reflects a belief that returns are generated by advancing a project's technical and permitting maturity, rather than by buying a particular stage of company and relying solely on commodity-price appreciation for the exit.

### What is Tembo Capital's posture on commodity price cycles?

Tembo's investment approach is explicitly countercyclical. By raising capital when commodity prices are depressed and generalist investors are scarred by prior losses, the firm aims to deploy into assets at low entry valuations when competition for deals is minimal. This long-duration model means Tembo expects to hold investments across multiple price cycles, with exits timed around project-level milestones—completion of a feasibility study, first production, or reserve expansion—rather than short-term price spikes.

## Related profiles

- [Temasek Life Sciences Accelerator](https://altss.com/profile/temasek-life-sciences-accelerator)
- [Tembusu Partners](https://altss.com/profile/tembusu-partners)

---

Last updated: 2026-08-11T15:08:18.003Z

Canonical page: https://altss.com/profile/tembo-capital

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology