Cape Town · South Africa

We back operating businesses
with capital and presence.


KDD Capital deploys private equity and structured private credit across Southern and sub-Saharan Africa — combining investment discipline with hands-on operational involvement to build durable value.

What We Do
Private Credit
Structured Business Lending
Bespoke senior secured loans to privately held South African businesses. Growth capital, acquisition finance, working capital, and refinancing. Loan sizes R3M–R25M, terms one to three years. Underwritten on demonstrated cash flow and structured security. No committees — term sheet to drawdown in weeks.
Litigation Finance
Litigation Finance
We acquire undervalued and distressed litigation claims as investment assets. Rigorous discipline applied to separating legal merit from recoverable value. We partner with specialist counsel to source, assess, and fund claims across corporate disputes, creditor enforcement, and asset recovery. South African focus. Single evaluation lens: expected return on capital, risk-adjusted.
Art Collection
George Whyte Collection
KDD manages The George Whyte Collection — over 2,400 works of primarily French Naturalist paintings. Inventory tracking, storage and logistics, financial reconciliation, auction coordination, and oversight of advisors and service providers. Works brought to market through specialist consultants and auction houses.
gwc.art ↗
Real Estate
UK Real Estate Management
End-to-end management of UK real estate on behalf of Cardona.London: asset management, debt management, and acquisitions. Tenancy oversight, compliance, cashflow, yield tracking, void periods, and arrears. Financing structure and refinancing timelines managed across the portfolio.
cardona.london ↗

KDD Capital.

KDD Capital is a private equity and private credit firm established in 2025 by David Fine, following his return to South Africa after four years in London. The firm backs operating businesses across South Africa and sub-Saharan Africa — companies that benefit from active capital and hands-on operational involvement.

KDD's approach draws on the experience built through Cardona Capital — a London-based investment advisory firm established in 2020, managing diversified portfolios across venture capital, private equity, real estate, listed equities, and private credit. Cardona's disciplined, compounding philosophy informs KDD's framework: patient capital with a bias toward real assets and operating businesses.

The firm deploys the principal's own capital — managed with the same rigour applied to Cardona Capital's advisory work. Every position is actively managed. None are passive.

Get in touch.

If you have a business or transaction where KDD's capital, operational experience, and network can create value — we want to hear from you.

david@kdd.capital
Principal, KDD Capital
Location
Cape Town, South Africa
Entity
KDD Capital (Pty) Ltd