Established relationships
Mezzanine Partners has devoted years to building strong and enduring long-term relationships with counterparts that are key contributors in enabling the business to deliver real value propositions to all its partners. This has been achieved by:
- Working closely with a variety of leading equity sponsors covering a broad spectrum of industries;
- Entrenching relationships with a group of pre-eminent limited partners providing Mezzanine Partners with access to a substantial and dependable base of committed capital;
- Establishing and maintaining strategic working alliances with a number of domestic & international financial institutions and banks with financial expertise and unique capital resources which can enhance Mezzanine Partners’ value-adding capacity for its partners. The business’ principal strategic alliances are with:
- Old Mutual Investment Group, based in Cape Town and a wholly owned subsidiary of the Old Mutual Group. As at 30 June 2010, the group’s funds under management were R3,347 billion (R585 billion in Africa, R1,974 billion in North America and R788 billion in Europe). Old Mutual has operated as an independent global asset management company since June 1997, and Old Mutual Investment Group is the largest institutional asset manager in South Africa with R405 billion in assets under management as at 30 June 2010. As a major player in the local institutional market it offers investors a wide range of investment products, including core investments, specialist, conventional and alternative investments.
- Brait is an international investment and financial services group focused on private equity, specialised funds management and corporate finance. Brait has its primary listing on the Euro MTF market of the Luxembourg Stock Exchange and also has a secondary listing on the JSE Limited. The group has shareowners funds of R1,549 million as at 30 September 2010. Brait currently has in excess of R14.9 billion of fee earning funds under management, and is a pioneer in alternative asset class fund management on the African continent. Brait was the first independent private equity fund manager to be operational in the South African market, targeting annual returns exceeding 30% measured in ZAR.