Vantage Mezzanine Fund III

The fund would do deals in the infrastructure sector, power, telecoms, agriculture, logistics and real estate industries, 50% of it will be focused on the rest of Africa and the other 50% in SA. Vantage Capital's third mezzanine fund will have $150 million for investments outside SA and more than ZAR 1 billion will be invested in South African companies. Vantage Mezzanine is looking to invest between R50 million ($5 million) and R200 million ($20 million) in established mid-market and large companies with Typically EBITDA in excess of R25 million ($2.5 million) and with enterprise values of between R100 million ($10 million) and R5 billion ($500 million) plus.