|Kestrel Capital (East Africa) Ltd.|
|Key People||Founder and Chairman Charles Field-Marsham|
|Products||Institutional and retail stockbroking and research to local and foreign investors.|
Kestrel Capital is Kenya's largest broker on the Nairobi Stock Exchange (NSE) and specializes in trading leading Kenyan stocks like Safaricom and Equity Bank. Kestrel Capital recorded a big boost to its business in 2008 and dominated the foreign-investor and institutional-investor segments of the blue-chip trading market.
Kestrel Capital was founded in 1995 and has since grown to become Kenya's largest brokerage with a 17.2% market share in 2008 compared to second-ranked Dyer and Blair with 14.2%. As well as equities brokerage on the NSE, Kestrel offers bond and local currency trading, commercial paper placement and IPOs. It also offers advice on investment, corporate finance, mergers and acquisitions and private stock placements.
Founder and Chairman Charles Field-Marsham started Kestrel Capital in 1995 at age 27 after moving to Kenya only in 1993.REF Prior to that the Toronto native worked for two years as a financial analyst in New York for Credit Suisse First Boston (CSFB) after graduating from Montreal's McGill University in 1990. In 2004 he helped found the Kenya Scholar-Athlete Project and in 2006 joined the board of health development organization Amref.
Kestrel Capital doubled its business volume last year with 33.7 billion Kenyan shillings compared to 16.7 billion in 2007, Kenyan financial newspaper Business Daily Africa (BDA) reported in late January. Kestrel leveraged its high-level local and foreign contacts to channel large volumes of blue-chip stock purchases through its desks to earn the gain, BDA noted.