Makalani Management

Makalani Management Company, established in 2005 and based in Johannesburg, South Africa, specializes in mezzanine financing, focusing on Black Economic Empowerment transactions. The firm manages a mezzanine asset portfolio that previously totaled R2.5 billion and is currently in the process of returning funds to investors from its first fund. Makalani primarily targets investments in large corporate sectors, transformational infrastructure, affordable housing, small and medium-sized enterprise (SMME) development, and emerging agriculture, aligning with the Financial Sector Charter. The firm typically invests a minimum of R25 million per transaction and utilizes various financial instruments, including subordinated debt, senior loans, and preference shares. Makalani is also in the final stages of raising R1 billion for a second mezzanine fund, aimed at attracting both South African and foreign investors. With a commitment to manage and grow its portfolio effectively, Makalani plays a significant role in the South African investment landscape.