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The Lereko Metier Capital Growth Fund |
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LMCGF is a pioneer in the field of private equity funding. Bringing together the investment franchises of Lereko and Metier, LMCGF is South Africa's largest ever private equity fund in terms of local institutional commitments. Closed to investors at the end of 2007 with around R3.5 billion of capital including debt facilities and co-investing commitments, the fund exceeded targets for mobilising South African capital for private equity. This proved that the model was credible and had the backing of the industry's leading investment names.
The fund is now substantially invested across seven portfolio companies and has the capacity for further investment positions and follow-on investments. Its portfolio profile is characterised by creative, differentiated and uncontested transactions where we have partnered entrepreneurs with a passion for growth.
Our ambition is to generate market-leading returns, not only in financial terms, but also through active and socially responsible investing. By bringing more than finance to our investments, LMCGF is a preferred partner for investors and entrepreneurs alike.
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