Directory / Vantage Capital

Vantage Capital

Johannesburg-based mezzanine finance manager, Africa's largest independent mezzanine funder.

Private Equity FirmsSouth Africa

Key facts

Website
vantagecapital.co.za
Founded
2001
Pricing
Mezzanine debt/quasi-equity structures with interest plus equity kicker; fund management fee and carry
Country
South Africa
Rating
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About Vantage Capital

Vantage Capital specializes in mezzanine finance and senior debt investments across Africa. The firm has deployed over $1.6 billion through its Mezzanine division (40 investments across 11 African countries) and GreenX division (14 solar and wind energy projects in South Africa).

Key features

Pros & cons

Pros

  • Niche leadership in African mezzanine finance
  • Broad pan-African diversification
  • Long operating history since 2001

Cons

  • Mezzanine structure less flexible than pure equity
  • Exposure to multiple frontier-market currencies

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Frequently Asked Questions About Vantage Capital

What types of investments does Vantage Capital make?

The Mezzanine division has made 40 investments across four successive funds into 11 African countries. The GreenX division focuses on fourteen senior debt investments into South African solar and wind energy projects.

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