Tamela Capital Partners provides additional funding to that which applicants can otherwise raise from a traditional bank, using their own equity: Vusi Mahlanga.
Tamela Capital raises R620 million to fund mid-market companies
By Dieketseng Maleke
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Independent fund manager Tamela Capital Partners has announced that the Tamela Mezzanine Debt Fund 1 has reached R620 million.
The fundâs objective is to finance mid-market companies that wish to grow their businesses, enter new markets and accelerate growth through expanding operations or consummating strategic acquisitions.
Tamela Capital Partners, a subsidiary of Tamela Holdings, describes itself as a credit-oriented alternative asset management firm in Sub-Saharan Africa, with a focus on delivering attractive risk-adjusted returns and capital preservation for their investors.
âTamela initially raised R420m in 2019 when it launched. Investors in the Tamela Mezz debt fund are pension and retirement funds and life insurance companies,â the company said.