Who are we?
Dass Capital is a South African private capital firm. We make long-term investments in family businesses, private equity opportunities, and GP stakes transactions, and we partner with family offices as co-investors.
We work with a small number of partners where we can make a meaningful difference – founders navigating succession, fund managers looking to monetise their franchise, business owners seeking a genuine operating partner, and family offices deploying capital with a long horizon.
The people behind Dass Capital
Investment professionals who have seen the full cycle – and built the judgment that comes from it.
Raj Dass founded Dass Capital to build South Africa’s first dedicated GP stakes investment platform. Before founding the firm, he led private-market transactions at one of South Africa’s largest public investment companies, observing firsthand how the right capital transforms a growing investment firm. He brings deep expertise in private equity deal structuring and a long-term perspective on firm-building.
- GP Stakes Investing
- Mergers & Acquisitions
- Financial Markets
- Taxation
- Private Equity
Dr. Paul Johl brings a rare combination of academic rigour and commercial experience to Dass Capital. With a doctorate in commerce and a career spanning institutional fund raising, venture capital, and private equity, he has worked with businesses at every stage of the investment lifecycle. His focus at Dass Capital is on governance, investor relations, and strategic growth.
- Financial & Investment Management
- Institutional Fund Raising
- Listing of Companies
- Venture Capital
- Private Equity
How we work
Our ethos
The business journey has both successes and challenges. We choose to partner with people whom we like and trust, and who feel the same way about us. We value openness and honesty because that allows us to communicate effectively and take ownership of challenges together.
Long-term commitment
Growing business value is not an overnight process, which is why we are long-term investors. When you partner with us, your company and its people become part of our family. We will be on the journey together – through the good days and the difficult ones.
Growing value
When we invest in a business we aim to increase its value sustainably. We do this by focusing on operational performance, suitable capital structures, strong governance, and a customer orientation that drives sales growth.
Managerial autonomy
We are there to complement your skills and resources, not to take over and run your business. As your partners, we will be there when you need us – but you will enjoy a large degree of autonomy over the decisions that matter most to you.
We work with a small number of partners.
If you think there is a fit, we would be glad to hear from you.