Website Disclaimer October 2024

Important Legal Information & Terms of Use

By using the Cape Capital website (“Website”), you declare that:

  • You are a qualified investor according to Art. 10 para.3 of the Swiss Collective Investment Scheme Act (CISA) and/or a professional or institutional investor according to Art. 4 of the Financial Services Act (FinSA).
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  • You have understood and agree to the following Important Legal Information and Terms of Use (together “Conditions”)

By clicking “Accept all” you acknowledge and accept the following Important Legal Information and Terms of Use:

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About this Website

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Cape Capital is an independent wealth manager headquartered in Zurich, Switzerland.

The content of this Website (including microsites) has been prepared by Cape Capital AG, with its registered address at Utoquai 55, 8008 Zurich, Switzerland (“Cape Capital”), duly registered at the commercial register of the Canton of Zurich with number CHE-109.617.147. and contains the views and opinions of the particular individuals and is for general information and marketing purposes only. All copyrights and other rights, included but not limited to logos and registered trademarks relating to the entire content of the Website are reserved exclusively to Cape Capital or the specifically designated right holders. Any use, in particular the reproduction or publication in full or in part is permitted only with the prior written consent of Cape Capital. Cape Capital may from time to time suspend the operation of this Website for repair, maintenance or improvement work, or in order to update or upgrade its content or functionality. Cape Capital may also change the format, content and/or access of this Website at any time at its sole discretion without notice. Although Cape Capital believes that information provided on this Website is based on reliable sources, content on this Website is presented only as of the date published or indicated, and may be superseded by subsequent market events or for other reasons. Therefore Cape Capital cannot assume responsibility for the quality, correctness, timeliness or completeness of the information contained herein. Unless otherwise stated, the numbers/figures on the Website are unaudited.

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Regulatory Status & Ombudsman

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Cape Capital is a regulated asset manager of collective assets according to the Federal Act on Financial Institutions of 15 June 2018 (FinIA) and supervised by the Swiss Financial Market Supervisory Authority FINMA, Laupenstrasse 27, CH-3003 Bern, Switzerland (FINMA). The Website contains information about various collective investments (“Funds”) which may have been registered or otherwise notified for distribution and marketing in the jurisdiction you have selected. Please note, that such registration or notification does not mean that the Funds are suitable for all investors and their investment objectives, financial situation and risk profile. As an asset manager of collective assets, Cape Capital is, among others, subject to the rules under the Swiss Financial Services Act (FinSA), the Swiss Collective Investment Schemes Act (CISA) and the Swiss Financial Institutions Act (FinIA).Cape Capital is affiliated to the following Ombudsman according to FinSA: Finanzombudsstelle Schweiz (FINOS), Talstrasse 20, CH-8001 Zurich, Switzerland. For further information, please refer to the General Client Information Document available on the Website which forms an integral part of these Conditions. Cape Capital is an independent wealth manager headquartered in Zurich, Switzerland.

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No Solicitation, Offer, Recommendation or Advice

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Nothing contained on this Website constitutes a solicitation, an offer or a recommendation to buy or sell any Cape Capital Funds or other financial instruments, nor does it constitute any form of personal investment advice which takes into account your personal circumstances. Cape Capital does not provide investment, legal, tax or other advice through this Website and nothing herein should be construed as such advice. Cape Capital does not represent that any Cape Capital collective assets or financial instruments mentioned on this Cape Capital website are suitable for any investor. Investment or other decisions should be made solely on the basis of the relevant product and/or service documents (prospectus/offering memorandum, fund contract/articles, key information documents, financial reports) of the respective collective investment. If not a Cape Capital client, it is strongly recommended to contact a professional financial advisor, tax consultant or other qualified expert in order to determine whether an investment in a Fund or other financial instrument corresponds to the specific requirements and preferred level of risk of the investor.

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US Persons

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Any collective investment schemes mentioned on this Website may, unless explicitly stated otherwise, not be offered, sold or delivered to United States (U.S.) citizens or persons resident or incorporated in the U.S. and/or other natural or legal persons whose income and/or returns, regardless of origin, are subject to U.S. income tax, as well as persons who are considered to be U.S. persons pursuant to Regulation S of the U.S. Securities Act of 1933 and/or the U.S. Commodity Exchange Act, in each case as amended from time to time.

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Risk Considerations

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The provision of financial services and investments in Funds and other financial instruments involve opportunities but also bear risks, including the risk that the value of investments and the income therefrom may fall or rise and investors may not get back the full amount invested or may even lose all of their investment. Investors should ensure to have fully understood such risks before taking any investment decisions. Cape Capital strongly advises to consult the brochure “Risks Involved in Trading Financial Instruments” of the Swiss Bankers Association (SBA) as well as  the relevant documents of the respective Fund or financial instrument and to seek professional investment advice before taking any decision to invest. Investors should note, that these Conditions do not represent a complete statement of risks associated to a Fund or a financial instrument. Past performance is no indication of current or future performance. Performance data do not include commissions and costs incurred by investors when subscribing or redeeming Fund shares.Investments, in particular collective investments in private equity, venture capital and other illiquid assets involve an above-average degree of risk, including the risk that losses may even exceed the original investment and should be seen as long-term in nature.

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No Warranties

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The use of this Website, including any information accessed, downloaded or otherwise obtained through the Website is at your own risk. This Website, together with all content, information and materials contained therein, is provided “as is” and “as available”, without any representations or warranties of any kind, whether express or implied, with respect to the Website, and all information and functionalities contained therein.

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Limitations of Liability

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IN NO EVENT SHALL CAPE CAPITAL BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, PUNITIVE, CONSEQUENTIAL OR OTHER DAMAGES (INCLUDING WITHOUT LIMITATION DAMAGES FOR LOSS OF DATA, BUSINESS OR PROFITS) ARISING OUT OF OR IN CONNECTION WITH THESE CONDITIONS, THIS WEBSITE, THE INABILITY TO USE THIS WEBSITE OR ANY INFORMATION OBTAINED OR STORED THERFROM. Cape Capital excludes any liability for any loss, damage or alteration of any kind including but not limited to transmission to losses, delays, misunderstandings, unauthorized interception by third parties, duplication or fraud, except in the event of gross negligence on the part of Cape Capital. Any transmission or download of information is entirely at your own risk.

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The hyperlinks on the Website are only provided for information and convenience purposes. Cape Capital is not responsible for the content of external websites that link or are accessible from this Website. Cape Capital does not assume any responsibility or liability with respect to any website accessed via this Website. Please note that when you click on any external website’s hypertext link you will leave this Website. You should review the privacy statements of such websites carefully before you provide any personal or confidential information.

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Data Protection and Privacy Settings

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Cape Capital has established a Cape Capital Privacy Notice, which forms an integral part of these Conditions. It explains how personal data is collected and processed at Cape Capital, including this Website. Cape Capital uses cookies to personalize and improve site experience. You can at any time change or withdraw your consent from the Cookie Declaration on the Website. Your consent applies to the following domains: capecapital.com. Your current state: Consent accepted or Consent rejected. Manage your consent.

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Applicable Law and Jurisdiction

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The access and use of this Website, and these present Conditions are governed by substantive Swiss law with the exclusion of the conflict of law principles. The place of jurisdiction is Zurich, Switzerland.

Last Update: October 2024

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Riding the waves: an elite surfer’s extraordinary story

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FOLIO Edition IX: WAVES
Lifestyle & Opinion

At 39, Swedish entrepreneur Maria Allebring sold her business, booked a one-way ticket to Brazil and learnt to surf from scratch. Five years later, she’s competing for the chance to represent Sweden on the world stage. FOLIO discovers how a long-held dream became an unexpected second career.

For too many of us, life gets in the way of pursuing our dreams. But not so for Swedish entrepreneur Maria Allebring who, at the age of 39, decided to become a professional surfer. Until then, she had only been on a board a couple of times as a teenager while visiting her cousin from Hawaii, but it was enough to plant the seed. “I went to see him in LA when I was 17 and I remember thinking, one day I’m going to go somewhere where there are good waves and learn to surf…. it only took another 20-odd-years until I actually did something about it,” she says, laughing.

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Before finding her way back to the ocean, Maria spent her youth competing as a horse rider – a sport she started at the age of three. After 12 years in the saddle, she decided to explore new horizons. She went on to study business, worked in marketing and project management, then eventually fell into hospitality – first opening a coffee shop in her hometown of Grebbestad, then a poke bowl chain of restaurants in Stockholm called Orange County Foods. “At the time, no-one else was doing poke bowls. It was surf inspired: the most popular dish was called Surf’s Up, and on the wall, there was a surfboard and a huge photo of a surfer girl. Customers would ask if it was me. I was kind of living my dream of surfing through the restaurant,” she says. By the time the pandemic hit in 2020, she had owned the restaurants for five years and was “starting to get an itch that I wanted to do something more. If you have a business that’s working well it’s easy just to stick with it, even if you’re not that inspired. Covid gave me the kick I needed to make a positive change.”

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Orange County Foods – one of the 3 Poke bowl restaurants that Maria started in Stockholm.

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She sold up, decided to take a year off and booked a one-way ticket to Brazil to learn to surf. Even then though, it was never meant to be a career. “Being a professional surfer wasn’t on my radar but when I arrived in Itacaré I got myself a coach, surfed every day for three months and fell in love with it,” she continues. Almost immediately, she began researching on the internet for tips on how to get better faster.

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In many ways being an athlete is very similar to being an entrepreneur. When you’re running a business, you have to be very disciplined and driven; I brought that drive with me into surfing.

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Maria began chasing the waves – in Mexico, Costa Rica, El Salvador – before a message from a stranger on Instagram led her to take this newfound love of the sport to the next level. “Someone asked if I would be interested in participating in the Swedish Surfing Championships,” she says. “I thought it was hilarious because I’d been surfing for less than a year at that point but it made me curious. I started looking at female surfer profiles online to see how good they were and thought, maybe I could compete one day.” Fast forward to 2022 and, after an intense programme with a coach from El Salvador, not only did she compete in the championships, she also made it to the final. 

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“That year the championships were held in a wave pool in Texas. I only had one competition under my belt so it was very nerve-wracking but fun. In a wave pool, you don’t have the luck of the ocean. Everyone is surfing exactly the same waves: two on the left and two on the right,” she recalls. “It’s very easy to see who is the better surfer, plus the crowd is very close to the athletes so it brings a lot of pressure.”

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Maria surfing at Boa Vista Wave Pool, Brazil (photo by Paulo Barcellos)

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Now she’s well-versed in competitions, racking up 12 last year, and currently focusing on training for the chance to represent Sweden at November’s ISA World Games, which will be held in Peru (four female surfers are vying for three places). “I’m in Peru preparing so that if I get a spot, I know I’ve done everything possible to be able to perform my best. I can only work on what I can control and the rest is up to them,” she says, rationally. “It’s a pretty heavy wave, with a lot of power, a lot of different tempos. It’s very different from what I’m used to.”

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For the last few years, she has been living in an apartment complex an hour’s drive from Sao Paulo with its own wave pool, where she practises for around three hours a day, six days a week (plus multiple gym and cardio sessions). “Three hours is a lot in a pool because you get so many waves that it’s quite hard on the body.” She believes that in many ways being an older athlete is an advantage. “I know myself pretty well. I know if I train with a coach and it’s not a good fit for me or doesn’t feel fun, I’m not going to get the most out of it.”

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At the beginning my progress was so quick, people were very encouraging and I got energy from that

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Her life experience, she says, also helps her handle when things aren’t going to plan. “At the beginning my progress was so quick, people were very encouraging and I got energy from that. Then it gets to the stage where the things you have to change are smaller and it’s more difficult. It’s easy to get frustrated, then doubt creeps in, but I know it’s about hard work and believing I can do it. It’s lot in the mind: if you think you can, you can.”

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Maria getting centered before paddling out (photo by Gaston Bevacqua)

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The main downside is that, of course, her body doesn’t recover as quickly as someone younger. “I have to be more mindful about where I’m putting my energy, not overtrain and do recovery and stretching, sleep well and eat well,” she says. And, while Maria knows she won’t always have the desire or be able to compete forever (she already has an idea for a health and longevity-related business), for now, she is simply enjoying the ride. 

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“I get to live my dream life, to be an athlete and do what I love every day.  I’m a very competitive person so I definitely want to achieve my goals but at the same time, the journey is the most important thing,” she concludes. “When I look back, it’s not going to be one competition that I remember: it’s going to be the people I’ve met, the places I’ve been. This summer I competed in France and I was there with my family. Just to have them at the beach rooting for me and my niece, who stood up on a surfboard for the first time when she didn’t think she was able to – those are the real wins.”

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To learn more about Maria - visit her website here or follow her journey on Instagram here.

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