David Bell

David Bell (CA SA, 2000) is the Co-founder and Managing Partner of SPEAR Capital — the Ebene, Mauritius GBC-1 structured, Sandton Johannesburg & Victoria Island Lagos-headquartered Southern and East African mid-market private equity and agribusiness specialist, managing approximately $380M cumulative AUM across SPEAR Africa Agribusiness Fund I ($100M, 2015), SPEAR Fund II ($140M, 2019), and SPEAR Nigeria & SADC Growth Fund III ($140M, 2023 vintage, with explicit 40% Nigeria allocation). A UKZN BBusSci Honours Finance & Economics graduate, UCT GSB MPhil Development Finance, SAICA CA (SA) qualified, 8-year Absa Capital Agri-Processing Structured Finance veteran, and 9-year Stanlib Alternative Investments Head of African PE before co-founding SPEAR Capital in 2013.