METIER CAPITAL GROWTH FUND II PARTNERSHIP.
Sector :Infrastructure, Manufacturing and Services
Signing date :18-02-2015
Total FMO financing :ZAR 240.00 MLN
Environmental & Social Category (A, B+, B or C) : B
Client : M Metier Capital Growth Fund II (MCGF II) is a generalist fund managed by Metier Social Equity Managers Proprietary Limited, a well established South African fund manager. MCGF II is a sector agnostic fund that concentrates on sectors that benefit from the growing African consumer growth - for example fast moving consumer goods, retail, healthcare and education.
Funding objective : FMO has committed ZAR 300 million to MCGF II. The fund will make equity investments in small- and medium-sized enterprises with high growth potential, thereby contributing to economic development in South Africa and Sub-Saharan Africa (e.g. job creation, taxes paid, etc).
Fund : Through its investment in MCGF II, FMO expects to contribute to growth of the SME sector and thereby to development in South Africa and sub-Saharan Africa. The SME sector contributes substantially to job creation and increased competition, among other things. Investing responsibly in this area and implementing improvements in environmental, social and governance standards also ensures that growth is sustainable.
Project completion date : 2016-12-31 12:00:00
Major organization : METIER SOCIAL EQUITY MANAGERS PROPRIETARY LIMITED
Address : 2nd Floor
5 Commerce Square
39 Rivonia Road (Entrance in Helling Road)
Country :South Africa
Url : http://www.metier.co.za/
Financier : Netherlands Development Finance Company (FMO),
Financier address : FMO-Netherlands Development Finance Company (Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. )
Anna van Saksenlaan 71
2593 HW The Hague
Tel : +31 (0)70 314 96 96
Fax :+31 (0)70 324 61 87
Email : Info@fmo.nl
Website : www.fmo.nl/
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