Vantage Mezzanine Fund III

Vantage Mezzanine Fund III, operating under Vantage Risk Capital, is a private equity and mezzanine investment firm based in Johannesburg, South Africa, with an additional office in Cape Town. Founded in 2001, the firm specializes in providing debt and equity investments across various sectors, including infrastructure, power, telecommunications, logistics, and real estate, while primarily focusing on Sub-Saharan Africa, particularly South Africa and Mozambique. The fund aims to invest between ZAR 50 million and ZAR 300 million in equity and between $8 million and $40 million in debt, targeting established mid-market and large companies with a minimum EBITDA of ZAR 25 million. Vantage Mezzanine avoids sectors such as primary agriculture, low-margin trading, and industries that do not comply with legal and ethical standards. The firm is particularly committed to supporting black economic empowerment and renewable energy initiatives. With a total investment capacity of approximately $150 million for ventures outside South Africa and over ZAR 1 billion earmarked for South African companies, Vantage Mezzanine seeks to take a 49 percent equity stake in its investments.