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Baobab Global Fund is a private investment fund and is part of Cherubim Ventures (Pty) Ltd. Cherubim is organized as a company limited by shares and operates as a SPC (segregated portfolio company). In January 2010 we initiated steps to move Baobab's assets into a private investment fund organized as a company limited by shares and registered in the British Virgin Isles. Cherubim remains incorporated in Botswana where it is licensed to operate in Botswana's
International Financial Services Centre (IFSC) and has been afforded certain exemptions from Section 3 of the Banking Act, 1995.
