Home Vantage Mezzanine Fund Vantage Mezzanine Fund In brief Vantage Mezzanine Fund IV is a Pan-African generalist mezzanine fund managed by Vantage Capital. The fund aims to build a portfolio of 12-20 investees (combined across the two sub-funds/one Pan-African and one Southern African). The fund is sector-agnostic. Main development impact Many fast-growing businesses in Africa lack the scale or collateral to attract sufficient bank debt to support their growth objectives. Mezzanine financing helps these businesses to expand their consumer base, build a track record and prove that their business models are both scalable and profitable. Vantage Capital’s mezzanine financing aims to support these companies and enable them to access senior debt subsequently. The Manager is one of the few providers of mezzanine financing in Africa. Other expected impacts include job creation, local purchases and taxes, which will be monitored at the portfolio company level. Investment details Name: Vantage Mezzanine Fund Project number: 80000371 Region: Africa Country: Africa Sector: General fund Signing date (month/year): June 2022 Currency: USD Finnfund's financing (commitment): 20,000,000 Instrument: Fund Status: Active Please note, that in principle, this information is given at the time of signature according to Finnfund's disclosure policy. However, in the case of investment funds, the share of Finnfund’s financing (%) is disclosed after the fund’s final closing, and information on the portfolio companies financed by the fund is updated at least once a year. Companies financed by the fund Name Sector Region Country Seaton Estates Real estate Africa South Africa Sky Realty Real estate Africa Egypt Read our transparency and disclosure policy More information: Ajankohtaista ja julkaisut Nykyiset investoinnit Toimialat Yhteystiedot Key facts Name: Vantage Mezzanine Fund Sector: General fund Region: Africa Country: Africa Currency: USD Finnfund's financing (commitment): 20,000,000 Signing date (month/year): June 2022 Last update: September 2022