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We are really pleased to welcome Praesidium Capital Management as our newest Platinum Partner. Thank you for pledging your support and committing funding. Mike Beamish, founder of Praesidium Capital Management said, “At Praesidium we believe that successful long term investment partnerships are founded on the alignment of mutual interests. Investment risk and rewards should be shared by both manager and client. That is why we mitigate client risk by ensuring that we are the largest investors in our own funds. Similarly, we believe that the National Sea Rescue Institute needs long term partners in order to execute their own mandate in the future.''Most of our clients are frequent recreational ocean users, as indeed are we. Whilst we all seek the enjoyment of the ocean sports we recognize the risks associated with the sea. The NSRI and all the unpaid volunteer crews donate their time, selflessly risking their own lives in order to carry out rescues and manage the stations.''We are proud to be able to assist with some vital financial support - without which the organization simply could not exist.” Mike added “The NSRI needs our support and all ocean goers might need to call on them one day. So when asked to support the volunteers, it wasn’t a difficult decision for us.”Praesidium Capital Management has been in operation since 2003 and Mike Beamish and his team are always striving to be at the cutting edge of the fund management industry. By making use of the full array of financial instruments they strive to compound consistently positive returns for investors over the long term. Praesidium aims to earn high returns by isolating risks and harnessing the benefit of asymmetrical investment outcomes that can be found through focused investment strategy and research, and, most importantly, to protect capital in times of uncertainty. mike-ash-and-markPhotographed left to right are Mike Beamish (Founder), Ashleigh Sandes and Mark Everdij stuart-and-mikeNSRI's Stuart Moerdyk hands over the Platinum Certificate of appreciation to Mike Beamish.
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SAFETY ALERT  | Published: 26 November 2022

SEA RESCUE – STRAND – Friday, 25 November. Shark Alert - Strand:

SHARK ALERT: NSRI and the City of Cape Town (CoCT) are appealing to bathers, paddlers, surfers and sail boarders to be cautious in the Strand vicinity where a large whale carcass has been located close in-shore, on Friday afternoon, 2 ...

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 | Published: 21 November 2022

Gqeberha – 5 safe after boat capsizes

At 09h04, Friday, 18 November, NSRI Gqeberha duty crew were activated following reports of a boat capsized at Noordhoek. ...

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RESCUES  | Published: 14 November 2022

SOUTHERN CAPE – Sunday, 13 November. Search for missing man

A search is continuing for an adult fisherman, from George, who went missing on Saturday after a wave swept him off rocks from the shoreline while he and a fellow fisherman were reportedly collecting bait East of Gwaing River Mouth ...