Vantage Capital Group

FUND MANAGER DETAILS
Year Fund Started 2006
Type of Fund Manager Independent
Regulatory License Number VC Fund Managers (FSP # 28711); Vantage Mezzanine III (FSP # 45610)
Total Number of Investments to Date 31
Number of Investment Executives 14
Principal Office Address 3 Melrose Boulevard, Ground Floor, Melrose Arch, 2076
Key Contact Person and Designation Luc Albinski (Executive Chairman), Warren van der Merwe (Managing Partner)
BEE Ownership None of the above
Company Description Vantage Capital is an Africa-focused fund manager with offices in Johannesburg and Cape Town. The business was founded in 2001 and has raised funds of over $1.1 billion. Since 2006, Vantage Capital's Mezzanine division has made 31 investments across three funds into 11 African countries, making it the largest and most experienced independent mezzanine funder on the continent. In addition, Vantage Capital's GreenX division has made fourteen senior debt investments into South African solar and wind energy projects across two funds.
Telephone +27 (0)11 530 9100
E-mail lalbinski@vantagecapital.co.za / warren@vantagecapital.co.za
Website www.vantagecapital.co.za
FUND DETAILS
Name of Fund Vantage Mezzanine Fund III
Committed Capital of Fund USD 290 million
Fund Structure Limited Partnership
Nature of Fund Mezzanine debt
Number of Portfolio Companies 13
INVESTMENT PREFERENCES
Minimum Investment ZAR 80 million and USD 8 million
Maximum Investment ZAR 250 million and USD 28 million
Average Current Investment Size ZAR 162 million and USD 15 million
Industry Preference
  • Not specified
Industry Excluded
  • Agriculture & Forestry & Fishing
  • Gambling
  • Military services & Arms
  • Mining and mining related
  • Tobacco & Alcohol
Investment Stage Preference
  • Replacement capital
  • Expansion
  • Medium
Investment Stage Excluded
  • Replacement capital
  • Private Equity
  • Expansion
  • Medium
  • Buyout
  • Large
  • Growth / Development Capital
  • Buy-in
  • Mezzanine
Minimum and Maximum Equity Usually Taken 0% to 49%
Geographical Preferences
  • SADC
  • South Africa
  • East Africa
  • West Africa
  • North Africa
  • Pan-African
  • Sub-Saharan Africa


FUND DETAILS
Name of Fund Vantage Mezzanine Fund II
Committed Capital of Fund ZAR 1.9 billion
Fund Structure Limited Partnership
Nature of Fund Mezzanine debt
Number of Portfolio Companies 13
INVESTMENT PREFERENCES
Minimum Investment ZAR 50 million
Maximum Investment ZAR 205 million
Average Current Investment Size ZAR 129 million
Industry Preference
  • Not specified
Industry Excluded
  • Agriculture & Forestry & Fishing
  • Gambling
  • Military services & Arms
  • Mining and mining related
  • Tobacco & Alcohol
Investment Stage Preference
  • Replacement capital
  • Expansion
  • Medium
Investment Stage Excluded
  • Replacement capital
  • Private Equity
  • Expansion
  • Medium
  • Buyout
  • Large
  • Growth / Development Capital
  • Buy-in
  • Mezzanine
Minimum and Maximum Equity Usually Taken 0% to 49%
Geographical Preferences
  • SADC
  • South Africa
  • East Africa
  • West Africa
  • North Africa
  • Pan-African
  • Sub-Saharan Africa
  • Namibia