XSML

XSML is an investment fund manager founded in 2008, focusing on frontier markets in Central and East Africa. The firm specializes in identifying and investing in small and medium-sized enterprises (SMEs) with the goal of nurturing their growth into larger businesses. By targeting both private equity and debt investment opportunities, XSML aims to support the development of the local economy and enhance the commercial landscape in these regions.

Alex Byamugisha

Associate and Investment Officer

Jarl Heijstee

Co-Founder and Managing Partner

Delphin Katendi

Associate and Investment Manager

Derek Ngoga

Associate

Marcel Posthuma

Co-Founder and Managing Partner

Barthout Van Slingelandt

Managing Partner

Past deals in Uganda

Ecopharm

Private Equity Round in 2018
Ecopharm operates in pharmaceutical retail sector.

Qualicoff

Venture Round in 2017
Qualicoff is engages in the distribution of coffee beans to Europe and the United Arab Emirates.

Telcare Ltd

Venture Round in 2017
Telcare Ltd provides sales and distribution of mobile telecommunication products and services. The company provides airtime distribution services and phone repairing services. It develops and distributes business software or enterprise resource planning (ERP) software, school systems software, human resource management software, hotel management software, and inventory management software. It also provides online marketing services, web designing and development services, and search engine optimization. Additionally, the company manufactures point of sale systems, project management systems, customer relationship management (CRM) systems, and Voice Solutions (VoIP). Telcare Ltd was founded in 2005 and is based in Kampala, Uganda.

Kare Distribution

Venture Round in 2017
Kare Distribution provides essential consumer goods intended to serve low income households.