Mdluli Safari Lodge Limited

Mdluli is a joint venture initiative between Mdluli Safari Lodge Limited and the Mdluli community, situated on 850 hectares of free hold title within the borders of the Kruger National Park. Mdluli Safari lodge has an already underwritten mandate to establish a 4 star, 100 bed lodge which will service the chronic shortage of well maintained, up market accommodation in the Kruger National Park demanded by foreign tour operators.

Targeted Return: 17% IRR.
Targeted Dividend Yield: 8%
Sustainability of Earnings and Cash Flows: Profitability generated from the operations of the Lodge.
Fund Vintage: 2018
Metta Capital Allocation: 10% of fund
Sector Focus: Hospitality

Realisation Strategy:
Capital will be paid back through dividend distributions after the 5 year period.

Fund Manager: Venture Capital Management Services (Pty) Ltd.

Franchise Junction Section 12j CCV Limited

Franchise Junction will acquire franchise businesses in various sectors including, but not limited to Retail and Retail Specialty, Restaurants, Quick Service Restaurants, Automotive and Hospitality. The primary investment objective of Franchise Junction is to secure a portfolio of income producing franchise assets with strong brands and operating systems.

Targeted Return: 22% IRR
Sustainability of Cash Flows: Income producing franchise assets.
Fund Vintage: 2018
Metta Capital Allocation: 12.5% of fund
Sector Focus: Retail

Realisation Strategy:
The Board will continuously evaluate various exit mechanisms for its investments including the sale of an underlying subsidiary or the listing of Franchise Junction.

Fund Manager: Laudian Franchise Management One (Pty) Ltd.

Sunstone Capital Limited

Sunstone Capital’s business model is to provide large corporate fleet operators with rental vehicles, allowing them to move away from the operationally inefficient, intensive and excessive documentation processes of traditional hire purchase finance providers thus enhancing efficiencies and customer service and saving administrative costs

Targeted Return: 16% IRR
Target Average Dividend Yield: 7- 8%
Sustainability of Earnings and Cash Flows: Annuity Rentals
Fund Vintage: 2018
Metta Capital Allocation: 15% of fund
Sector Focus: Logistics

Realisation Strategy:

  • Listing of Sunstone on an Alternative Exchange
  • Disposal of Qualifying Companies to a trade buyer
  • Sale of Rental Asset fleet
  • Securitisation of Income streams

Other: Promoters invested on same terms as Metta
Fund Manager: Sunstone Capital Managers Proprietary Limited

Grovest Energy Limited

The investment strategy is to develop a portfolio of income producing alternative energy assets, including hydro, wind and solar with creditworthy off takers supported by long-term power purchasing agreements. The company will acquire equity in energy projects that are below permitting thresholds thus avoiding protracted development periods and the need for project debt finance.

Targeted Return: 16% IRR
Target Average Dividend Yield: 7%-10%
Sustainability of Earnings and Cash Flows: Long term {20 years} Power-Purchasing Agreements (PPA)
Fund Vintage: 2018
Metta Capital Allocation: 12.5% of fund
Sector Focus: Energy

Realisation Strategy:

  • Listing of Grovest Energy on an Alternative Exchange
  • Disposal of Qualifying Companies to a trade buyer
  • Sale of PPAs
  • Securitisation of Income streams

Other: Promoters invested on same terms as Metta
Fund Manager: Eco Energy Group Proprietary Limited

Westbrooke Stac Limited

Westbrooke Student Accommodation (STAC) strategy is to invest a portfolio of property-backed student accommodation operations situated near higher-learning institutions across South Africa.

Targeted Return: 17%
Target Average Dividend Yield: 5%-6%
Sustainability of Earnings and Cash Flows: Rental Annuities
Fund Vintage: 2018
Metta Capital Allocation: 10% of fund
Sector Focus: Hospitality

Realisation Strategy:

  • Listing of Westbrooke Stac as a REIT
  • Disposal of Qualifying Companies to a trade buyer
  • Disposal of underlying assets in Qualifying Companies

Fund Manager: Westbrooke Alternative Asset Management (Pty) Ltd.

Westbrooke Aria Limited

Westbrooke Aria is a unique investment opportunity that delivers attractive, diversified, risk adjusted returns which are uncorrelated to the equity and property markets. Partner with established, reputable operators with a key alignment of risk and reward. The strategy is to Invest in a portfolio of tangible asset back companies with contractual revenue streams

Targeted Return: 16% IRR
Targeted Dividend Yield: 6%
Sustainability of Earnings and Cash Flows: Contractual Revenue streams.
Fund Vintage: 2018
Targeted Capital Raise: R250m
Metta Capital Allocation: 15% of fund
Sector Focus: Industrials

Realisation Strategy:
Portfolio of liquid or self-liquidating investments to ensure an efficient exit for investors.

Fund Manager: Westbrooke Alternative Asset Management (Pty) Ltd.

CCP 12J Fund Limited

CCP strategy is to invest in a portfolio of mining projects, comprising repurposed mine dumps, expected to earn a mezzanine type return rather than traditional equity type returns due to lower risk profiles.

Targeted Return: 20% IRR
Target Average Dividend Yield: 2%
Sustainability of Earnings and Cash Flows: Profitability generated from salvage of commodities to guaranteed off-taker [mine owner]
Fund Vintage: 2018
Metta Capital Allocation: 17.5% of fund
Sector Focus: Junior Mining

Realisation Strategy:

  • Refinancing of the VCCs interest in a Qualifying Company
  • Sale of qualifying company to mine owner
  • Discounting/securitising a parcel of projects; or
  • Listing of CCP 12J on an Alternative Exchange

Fund Manager: CCP Managers 12J Proprietary Limited

Rencell Limited

Rencell is pioneering the future of mobile handset ownership and usage in South Africa. Its disruptive strategy is to replace existing company owned fleets of mobile devices with rented branded devices which it has refurbished and upgraded. It has a highly flexible and service oriented business model unparalleled in the market.

Targeted Return: 22% IRR
Target Average Dividend Yield: 7.5%
Sustainability of Earnings and Cash Flows: Annuity Rental Income
Fund Vintage: 2018
Metta Capital Allocation: 7.5% of fund
Sector Focus: Telecommunications

Realisation Strategy:

  • Listing of Rencell on an Alternative Exchange
  • Disposal of Qualifying Companies to a trade buyer
  • Sale of Rental Asset fleet
  • Securitisation of Income streams

Other: Promoters invested on same terms as Metta
Fund Manager: Rencell Management Services Proprietary Limited

MCP II currently fundraising

Exciting updates coming soon