The Ascension team have significant private equity and corporate finance experience within various sectors and have been engaged with top tier private equity firms as principals, advisers or co-investors.

Kabelo Moja
Chief Executive Officer
(LLB, LLM)

Kabelo Moja
Chief Executive Officer
(LLB, LLM)

kabelo@ascensioncapital.co.za

Kabelo Moja (“Kabelo”) is a seasoned deal maker, with significant experience in deal origination and execution. Kabelo is a qualified and admitted attorney of the High Court of the Republic of South Africa. His qualifications include an LLB and Postgraduate Diploma in Tax from the University of the Witwatersrand and a LLM from the University of Pretoria. In his prior position as a senior legal advisor to the Public Investment Corporation SOC Limited, Kabelo was principally involved in the structuring of commercial and private equity transactions, negotiating and preparation of transaction agreements, and the provision of legal advisory services within the unlisted and listed investments space.

Kabelo has worked at the Public Investment Corporation SOC Limited as a senior legal advisor and periodically held an acting executive head of legal role, National Treasury of South Africa as a legal commercial director, Absa Bank Limited and at Hogan Lovells South Africa. He has extensive experience in corporate restructuring, mergers, corporate finance, litigation, a host of debt, equity and mezzanine funding and private equity across a diverse range of industries. Recent projects that Kabelo has been involved in include an equity and debt investment into an ICT business, an urban property development and management business and a broadband services provider. Kabelo is also a member of the SAVCA board of directors.

Kabelo also forms part of the Ascension Investment Committee.

Kabelo Senoelo
Chief Investment Officer
(CA (SA))

Kabelo Senoelo
Chief Investment Officer
(CA (SA))

Kabelo Senoelo, as CIO, is a qualified Chartered Accountant, CA(SA), qualified with Deloitte and has 10 years post articles experience in financial services. Kabelo most recently worked for the Public Investment Corporation SOC Limited as a fund principal in the private equity and structured investment products team, with a focus on investments in South Africa and the Rest of Africa across various sectors. The portfolio has assets under management of c. ZAR95 billion across private equity and structured products. In his role as fund principal, Kabelo has closed transactions (approved and disbursed) worth a total amount of ZAR4.2 billion across infrastructure, information communications technology, agricultural services, and financial services amongst others. This includes structuring, pricing, valuation and negotiation of legal terms and price of transactions, as well as formulation of post-transaction close value add strategies. Kabelo has also served as a non-executive director on a number of portfolio companies whilst at the Public Investment Corporation SOC Limited.

Kabelo also worked at Standard Bank Corporate and Investment Banking as a credit risk analyst, supporting debt transactions focusing on structured debt and commodity finance. In this role Kabelo supported deal teams in closing more than ZAR6 billion worth of structured debt transactions across Sub-Saharan Africa and the Middle East. At Standard Bank Kabelo also worked as a financial manager supporting the equity derivatives desk.

Naairah Motala
Chief Operating Officer
CA (SA)

Naairah@ascensioncapital.co.za

Naairah Motala
Chief Operating Officer
CA (SA)

Naairah Motala has over 11 years of professional experience including investment banking, private equity and corporate finance. She was previously a Deal Executive in the Acquisitions team at Rockwood Private Equity. Prior to joining Rockwood, Naairah was a Senior Manager at EY in the Transaction Advisory business, responsible for business valuations, financial modelling and B-BBEE transaction advisory. Prior to EY, she gained investment banking experience at Rothschild in M&A advisory where she worked on cross-border M&A and B-BBEE restructuring transactions. Naairah served her articles at KPMG Inc. in the external audit financial services division. She is passionate about leadership, training and development.