Metier

FUND MANAGER DETAILS
Year Fund Started 2003
Type of Fund Manager Independent
Regulatory License Number FSP licence no's 44882, 23261 and 44430
Total Number of Investments to Date Growth Fund I (8, 7 of which are realised) Growth Fund II (7), Sustainable Capital funds (11, 2 of which are realised)
Number of Investment Executives 24
Principal Office Address Building 3, Oxford Parks, 8 Parks Boulevard, Rosebank, South Africa
Key Contact Person and Designation Tanya van Lill
BEE Ownership None of the above
Company Description Metier is an independent owner-managed private equity firm with a distinctive style that forges partnerships with its portfolio companies and management teams. Since its formation, Metier has grown to comprise a team of over 40 professionals with offices in Johannesburg, Mauritius and Nairobi, representation in London. Metier operates two parallel investment practices, the Capital Growth practice that concentrates on mid-cap entrepreneurial businesses requiring growth capital in sectors which demonstrate emerging market growth, and the Sustainable Capital practice that targets investments in energy efficiency, renewables, water and waste management businesses and projects supporting Africa’s development.
Telephone +27 (0)11 268 4000
E-mail info@metier.co.za
Website www.metier.africa
FUND DETAILS
Name of Fund Capital Growth Funds
Committed Capital of Fund Fund I: R3.0 billion Fund II: R2.9 billion Fund III: R3.0 billion
Fund Structure Fund I: Trust Fund II: Partnership Fund III: Partnership
Nature of Fund Capital Growth Funds
Number of Portfolio Companies Growth Fund I (8, 7 of which are realised) Growth Fund II (7), Sustainable Capital funds (11, 2 of which are realised)
INVESTMENT PREFERENCES
Minimum Investment R50 million
Maximum Investment R750 million
Average Current Investment Size R300 million
Industry Preference
  • Not specified
  • General
Industry Excluded
  • Gambling
  • Military services & Arms
  • Tobacco & Alcohol
Investment Stage Preference
  • Expansion
  • Growth / Development Capital
Investment Stage Excluded
  • Early-Stage
  • Seed
  • Start-up
Minimum and Maximum Equity Usually Taken Generally 20% to 60%
Geographical Preferences
  • South Africa
  • East Africa
  • West Africa
  • Sub-Saharan Africa


FUND DETAILS
Name of Fund Sustainable Capital Funds
Committed Capital of Fund Fund I R1.4 billion including co-investment pools, Fund II USD156 million
Fund Structure Fund I: Trust Fund II: Partnership
Nature of Fund Clean energy and resource efficient infrastructure
Number of Portfolio Companies Fund I: 6 Fund II: 5
INVESTMENT PREFERENCES
Minimum Investment Fund I: R20 million; Fund II: $5 million
Maximum Investment Fund I: R100 million; Fund II: $25 million
Average Current Investment Size Fund I: R50 million; Fund II: $15 million
Industry Preference
  • Energy
  • Water & Sanitation
Industry Excluded
  • Military services & Arms
  • Tobacco & Alcohol
Investment Stage Preference
  • Private Equity
  • Expansion
  • Growth / Development Capital
  • Greenfield / Brownfield
Investment Stage Excluded
  • Early-Stage
  • Seed
  • Start-up
Minimum and Maximum Equity Usually Taken Generally above 20%
Geographical Preferences
  • Pan-African