We blend quantitative and qualitative tools to balance risk and reward, customizing solutions to your risk profile. Our services are competitively priced and always aligned with market conditions, offering clear value to our investors.

With us, you can focus on achieving your financial goals, confident that your investments are in expert hands and offering you peace of mind as you navigate your financial journey.

Our Mission

At New Road Capital, our mission is to provide high-quality, consistent, and diversified bespoke funds focused on long-term returns. We prioritize our clients’ needs by putting them at the center of everything we do and genuinely caring about their financial well-being. We strive to deliver efficient and cost-effective services tailored to meet our clients’ needs.

Our team has diligently crafted a product and service that we trust with our own and our loved ones’ investments. We cherish the opportunity to extend the same level of confidence to all who entrust their investments to us.

Garth Nash

Managing Director

Garth Nash is the co-founder and Managing Director of New Road Capital, a business he launched in 2019 with a vision to better support financial advisers with practical, independent investment solutions. Before diving into the world of entrepreneurship, Garth spent over a decade in finance and investments, building his experience in everything from advising private clients to helping shape how financial planners approach investment advice.

He kicked off his career in 2008 as Head of Finance at the University of Pretoria, and later joined Liberty Group, where he fine-tuned his skills in structuring investment plans and working with adviser networks across the country. Along the way, he’s also taken on strategic consulting projects for big-name companies in South Africa and the U.S.

Garth holds a various bachelors and honours degrees including a B. Com, a Postgrad Diploma in Financial Planning, and an MBA, though he’ll tell you his most valuable lessons came from real-world experience (and the occasional misstep). When he’s not in the office, you’ll find him on a golf course, exploring the bush, discovering new wine farms, or trying to keep up with his son Ulrich on a mountain bike. He shares these adventures with his wife, Karien, who still somehow laughs at his dad jokes.

Paul Fouche, CFA

Chief Investment Officer

Paul Fouché is the Chief Investment Officer and co-founder of New Road Capital. Paul has a wealth of experience in the financial advisory and investment management industry, from client facing advisory roles to the technical aspects of portfolio management and asset allocation. After graduating with an Honours Degree in Chemical Engineering from the University of Pretoria in 2007, Paul started his career as a production manager in the manufacturing industry. In 2010, he joined the Liberty Group as a financial planner focusing on constructing portfolios for high net-worth clients. This is where he and Garth met and formed their friendship. Paul moved into a management role, whereby he managed a team of financial advisers and built up a large client investment book. During this time Paul obtained his CFA charter, and in 2016 he entered the private wealth management industry whereby he managed personal share portfolios and model portfolios for high net-worth clients. In 2019 he co-founded New Road Capital with Garth, as a business that could materialize their vision of providing holistic and unique portfolio management services to financial advisers and their end clients. Paul is an avid cyclist and enjoys both mountain biking and road riding. When he is not looking at markets, he, and his wife Raine spend much of their spare time at various cycling events around the country.

Michael Caroline, CFA

Co-Portfolio Manager (DFM) & Senior Investment Analyst

Michael is an Investment Analyst at New Road Capital, where he contributes to the investment process and focuses on quantitative modelling for asset allocation and fixed income. He holds an MPhil in Financial Management Sciences (cum laude) from the University of Pretoria, where he specialised in economic psychology, and is a CFA Charterholder. Before joining New Road Capital, he worked as assistant lecturer at the University of Pretoria assisting with quantitative investment analysis. Outside of the office, he enjoys the freedom of flight, sailing, and the peacefulness of the bush.

Francois Smith, CFA

Co-Portfolio Manager (DFM) & Senior Investment Analyst

Francois is a Senior Investment Analyst and Co-Portfolio Manager on the DFM portfolios at New Road Capital. He focuses on company and economic research. He holds an MPhil in Financial Management Sciences (cum laude) from the University of Pretoria and is a CFA Charterholder. Francois started his career as an assistant lecturer at the University of Pretoria and before joining New Road Capital, he worked as both an equity and portfolio analyst for ultra-high-net-worth families. When Francois is not doing research, he is likely fly fishing, enjoying a book, or spending time with his family.

Ansonette Neethling

Investment Analyst

Ansonette’s role as an investment analyst at New Road Capital captures her passion for finance and people which aligns with our mission to prioritise the end client’s needs. She obtained her BCom Honours degree in Investment Management at Stellenbosch University during which she received the first New Road Capital Academic Excellence Award. She is busy pursuing her CFA charter. Before joining our team, she gained experience as a fixed income analyst. She has a deep appreciation for academic research and is curious about human behaviour and relationships. Outside of work, Ansonette enjoys spending time with her family around the braai, appreciates good food, and is a self-proclaimed wine connoisseur.

Aliya de Sousa

Fund Operations Analyst

Aliya is a Fund Operations Analyst at New Road Capital, where she supports the investment team through transaction processing, data analysis, and operational oversight. She joined New Road Capital after completing her BCom Honours in Investment Management, where she developed strong analytical skills and a keen interest in investment operations and investment analysis. She is currently pursuing an MPhil specialising in Finance and Investments. Outside of work, Aliya enjoys hiking and reconnecting with nature on weekends. In her spare time, she also loves baking and sharing meals with friends and family.

Sarah Turner

Training & Distribution Enablement

Sarah holds an Honours degree in Investment Management, with a strong academic focus on portfolio management and asset valuation. At New Road Capital, she is actively involved in training and development, where she enjoys collaborating with colleagues and has a passion for working with people, supporting them as they grow and flourish in their careers. Beyond her professional pursuits, Sarah nurtures her creative talents through the practice of embroidery. This meticulous art form allows her to exercise her eye for detail and artistic flair. Additionally, baking serves as both a passionate hobby and creative outlet for Sarah. She enjoys the process of experimenting with new recipes and baking techniques to craft delectable treats.

Louise Volschenk

Distribution Team Leader

Louise joined the New Road Capital team after graduating with a BCom (Hons) Investment Management degree from the University of Pretoria. She is a very ambitious and driven individual and with her role as an investment specialist, she combines her two passions: investments and working with people. In the office, she is seen as the ‘pun master’. Outside of the office she loves mountain biking and calls the Kruger National Park her second home.

Riley Bach

Investment Broker Consultant

Riley is an Investment Consultant at New Road Capital, where he focuses on building and maintaining strong relationships with financial advisers. He holds an Honours degree in Investment Management, which provided a solid foundation in investment analysis, portfolio construction, and long-term market thinking. In his role, he enjoys operating at the intersection of investments and relationship management, supporting advisers with clear, practical insights and a solutions-driven approach. Known for his disciplined and thoughtful working style, he values consistency, clear communication, and trust in professional relationships. Outside of work, he spends his time in the gym and is an aspiring amateur triathlete, reflecting his commitment to structure, discipline and continuous improvement.

Mikayla Deruyter

Investment Broker Consultant

With a Bcom in Financial Management and Accounting, she has always had a knack for numbers and an eye for detail. Her career has been centred around sales, where her analytical mind and competitive spirit find the perfect playground. Beyond the spreadsheets and sales goals, Miks is a creative soul who loves fashion and design. Family is her greatest support system, and their importance in her life cannot be overstated. She believes in finding joy in the little things and making every detail count.

Jodie Smart

Investment Broker Consultant

Jodie Smart is an Investment Consultant at New Road Capital, forming part of the firm’s distribution team. She is a bubbly and energetic individual that is naturally detail-oriented and analytical, but what really drives her is connecting with people and helping them make sense of investments in a clear, practical way.

With an Honours degree in Investment Management, Jodie enjoys working at the heart of markets and relationships by digging into the detail while keeping conversations grounded and accessible. She values thoughtful analysis, asks a lot of questions and believes strong outcomes are built through understanding, not assumptions.

Outside of her work, Jodie enjoys staying active, spending time with friends and discovering new places, be it a new coffee spot or a weekend getaway. She brings the same energy to her work: curious, engaged and always keen for a good conversation.

Zandeleigh Taute

Head of Operations and Compliance

As one of the first members to join New Road, Zandeleigh played an integral role in creating the culture that New Road is known for today. As part of the administration team she takes pride in ensuring that tasks and events run smoothly and are thoroughly enjoyed by all. Outside of work you will find her spending time with family and fur baby, Lilly.

Jemma Visser

Office & Client Support Assistant

Jemma is currently completing her BCom in Marketing and Business Science. In her role as Client and Office Support at New Road Capital, she assists clients, oversees administrative tasks, and supports the smooth running of daily operations. Known for her outgoing personality, approachable nature, and hardworking attitude, Jemma brings both professionalism and a vibrant energy to the team. Outside of her business schedule, Jemma is a traveller and enjoys social events.