Vantage Capital has raised a total of $377 million in commitments from a diverse group of European and US-based commercial investors and development finance institutions, including IFC, BII, SIFEM, DEG, Norfund, Swedfund, Finnfund, and the EIB. The funds will be used to support mid-sized African businesses through flexible capital for business expansion and job creation. Vantage's mezzanine debt is suited for high-growth sectors such as telecoms, healthcare, education, real estate, export manufacturing, outsourced services, and private power generation. Vantage has invested in 11 African countries to date and is the largest and most experienced independent mezzanine funder on the continent. Its non-dilutive funding allows business owners to retain equity while accessing capital to reach their full potential and drive economic growth, job creation, and improved prosperity. Vantage also plays an active role in supporting its portfolio companies in strategic direction, governance, and environmental and social impact.
With a total of $377 million in commitments from a mix of European and US-based commercial investors, as well as development finance institutions like IFC, BII, SIFEM, DEG, Norfund, Swedfund, Finnfund, and the EIB, Vantage Capital is set to provide mid-sized African businesses with flexible capital to support their growth. As a pioneer in the mezzanine asset class in Africa, Vantage's fundraising success is a validation of the growing demand for non-dilutive funding solutions and the recognition of Vantage as a leader in this niche.
Vantage's mezzanine debt is well-suited for robust sectors with strong growth dynamics, including telecoms, healthcare, education, real estate, export manufacturing, outsourced services, and selective infrastructure such as private power generation. The fund manager's role extends beyond funding, playing an active role in guiding strategic direction, building robust governance structures, and supporting its portfolio companies to improve their environmental and social impact.
With 33 investments made across four funds in 11 African countries, Vantage is the largest and most experienced independent mezzanine funder on the continent. Over the past 17 years, Vantage has funded success stories across a range of sectors, such as the exponential growth of Vumatel, a fiber-to-the-home network operator in South Africa, and the leveraged management buyout of Pétro Ivoire, a leading downstream oil and gas distributor in Côte d’Ivoire.
In conclusion, Vantage Capital's mezzanine offering plays an important role in supporting the growth of mid-sized businesses and driving economic growth, job creation, and improved prosperity across Africa. With its fourth mezzanine fund now raised, Vantage is poised to continue its impact and legacy as a leader in the African mezzanine finance space.
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