Andrew Costa

Managing Partner

Andrew, is a qualified commercial lawyer and started his career at Cliffe Dekker ​attorneys where he was a partner specialising in corporate and commercial law and ​competition law. One of Andrew’s main clients was Shell South Africa. He was part of ​the team that advised Shell on the first empowerment deal in the petroleum sector in ​South Africa.

He left Cliffe Dekker to join Standard Bank. He was a member of the Investment Bank ​executive committee, a member of the Debt Issuers Association and was the director ​and head of Standard Bank’s Debt Capital Markets and acting head of the Equity ​Capital Markets. He helped raise in excess of ZAR100 billion of capital for sovereigns, ​supra-sovereigns, corporates, and municipalities. He was at the forefront of many ​innovative and ground breaking initiatives in South Africa and Africa such as inward ​listings, convertible bonds, retail bonds, insurance and bank capital bonds, hybrid ​capital and project finance bonds. He has well established relationships with the ​South African and offshore investor market.

Andrew left Standard Bank, where he had established relationships with most of the ​larger players in the South African corporate sector, to help list Accelerate Property ​Fund on the JSE. He was appointed Chief Operating Officer reporting directly to the ​chairman of the board. Andrew was responsible for running the day-to-day ​operations of the company and compiling and implementing the short-, medium- and ​long-term strategy of the company. He left the company in March 2023 to help ​establish Kutiya Investments and Eluleki Capital.