Mutle is currently the executive chairman of Vantage Capital. Mutle oversees all aspects of the group's business with a particular focus on group's proprietary investments with a directorship at Kwikspace.

Outside of Vantage, Mutle is the chairman of African Bank, a listed South African bank focused on the low-income market.

Mutle commenced his working career as a financial accountant at LTA Construction Ltd. Thereafter, he moved to Nedbank where he was a relationship manager in the corporate banking division and was responsible for a portfolio of R1,5 billion. While at Nedbank he was appointed to the leadership team and was seconded to Chase Manhattan for a period, where he gained experience in corporate finance, broking, dealing and middle market operations.

At his next position with ABSA Bank, Mutle was responsible for the implementation of ABSA's micro lending strategy with the creation of Nubank. He started Nubank from scratch and was CEO for 3 years. In addition, he was appointed to the group strategy and operational risk committees at ABSA. During this time, Mutle was also involved as one of the five founding members, in the establishment of Real Africa Investments Limited (RAIL), one of the pre-eminent listed black empowerment companies in South Africa. RAIL is an investment holding company with significant interests in listed companies in the life insurance, investment banking, food and medical sectors.

In 1999, Mutle sold his interest in RAIL and started MMR Equity Capital together with Colin Rezek, which after a merger in 2001, was the genesis of the Vantage Capital group.

As a pioneer of black-owned private equity fund management, Mutle Mogase was closely involved in 2002-03 in the formulation of the Financial Sector Charter ("FSC") on Black Economic Empowerment. Mutle Mogase was also chairman of the Micro Finance Regulatory Council (MFRC) and it was during his tenure that the new credit act was developed.

Colin is a director of Vantage Capital and a founder of the business. He has day-to-day responsibilities for the origination and assessment of mezzanine fund and balance-sheet investments. He is a member of the Vantage Mezzanine Fund's investment committee.

Colin has had a wide range of entrepreneurial experiences over the years. The main focus was building and running the Rezek Motor group with his two brothers over a 13 year period. The group grew from one dealership to the largest privately-owned motor group in South Africa at the time, before being merged with a listed group, Venture Motor Holdings, in 1994. At this time, the turnover of the Rezek Motor group was R450 million and it employed 440 people. Over this period various complimentary businesses were started, such as short term insurance, import/export and panel-beating.

He then spent 3 years at Venture Motor Holdings, where he played a significant role in various aspects of operations, marketing and new business development. During this period he also established the largest Ultra City in South Africa which employed 230 people. This business has since been sold. In 1998 and 1999, Colin assisted in the establishment and management of the Equity Africa Fund. The Equity Africa Fund is a R100 million fund sponsored by ABSA aimed at developing previously-disadvantaged individuals.

Subsequently, Colin partnered with Mutle to establish MMR Equity Capital, a private equity management company, which after a merger in 2001, was the genesis of the Vantage Capital group.

Colin holds a bachelor of commerce from the University of Witwatersrand and an MBA from the Witwatersrand Business school.

Chris is a founder of the business with Mutle and Colin. His primary responsibility is the management of the Vantage Technology Fund and he is also involved in proprietary investments such as ComCorp.

Chris brings a wealth of experience in financial management and in investment banking, particularly in structured finance and private equity fund management. His most recent prior experience was at Real Africa Durolink Investment Bank Limited (RAD) where he established and managed a technology venture capital fund. Prior to his career at RAD, Chris was financial director of McCarthy Motor Holdings, which was the largest motor retailer in Africa.

Chris holds a bachelor of commerce degree, a diploma in accountancy and higher diploma in taxation from the University of Natal. He passed his chartered accountant board exam in 1983 and completed a management advancement programme at the Wits Business School in 1992.

Chris played first class cricket for Natal for 4 years and represented the South African President's XI versus Australia in 1986.

Luc is a director of Vantage Mezzanine and a member of the Fund's Investment Committee. His primary responsibility is the assessment, structuring, execution and post-transaction monitoring of mezzanine fund investments. Luc has played a key role in all eight investments executed by Fund I and Fund II to date for a total of over R1.2 billion ($150 million).

Prior to Vantage, Luc established Standard Bank's mid-size private equity department in 2003 which focused on executing mezzanine transactions in the mid-market as an alternative to traditional private equity solutions. Thereafter, Luc headed up Standard Bank's mezzanine finance department where he co-led several noteworthy transactions. These included providing R800 million ($100 million) in funding for the buy-out of the South Africa subsidiary of Waco International and providing R1 billion ($125 million) in mezzanine funding for the De Beers empowerment transaction.

Before joining Standard Bank, Luc spent time as a strategy consultant with Bain & Co. in Paris (1992) and with Accenture in Johannesburg (1993-94). After completing his MBA at INSEAD, he joined the International Finance Corporation (IFC), a member of the World Bank Group, in Washington DC. At the IFC, Luc spent time working on advisory and investment projects in a diverse range of countries including Brazil, Gabon, Poland, Romania, Bosnia and Moldova.

Luc returned to South Africa in 1998 and joined Brait, one of South Africa's leading private equity firms. As a deal executive he was responsible for investments in the building materials, logistics, fine chemicals and luxury tourism sectors. Luc subsequently spent two years in Poland as the founder and CEO of a start-up employee benefits firm before returning to South Africa in 2002.

Luc has a Masters of Business Administration from the INSEAD business school in Fontainebleau, France. He studied for his undergraduate economics degree at the Institute for Political Studies in Paris.

Ashley is the managing director of Vantage Debt Capital Markets and has over 11 years' experience in investment banking. Vantage Debt Capital Markets is focused on raising public and private debt, for large corporates, in the local and international debt capital markets (including corporate and hybrid bonds). The business also provides debt advisory services including debt restructurings, distressed debt advisory, and refinancing. Ashley's primary responsibilities include originating, structuring and placing debt instruments in the debt capital markets.

Prior to joining Vantage Ashley was a director of investment banking and a director of fixed income, currencies and commodities at Renaissance Capital, a global investment bank dedicated to emerging markets. At the bank, Ashley headed up high yield debt capital markets for sub-saharan Africa.

Ashley spent 6 years in structured finance at Investec Bank and prior to that at Gensec Bank with a focus on sourcing, structuring and funding significant senior, mezzanine and preference share finance transactions. Ashley was formerly a fund manager at Global Capital, an international private equity and venture capital fund. The portfolio he managed consisted of a diverse group of private companies in the manufacturing, telecommunications, IT, FMCG, healthcare and media industries in South Africa, United Kingdom and Australia.

Ashley was a founding shareholder and director of an international exploration drilling company which he later sold to Brait Private Equity and has sat on the board of several companies including being the joint managing director of the largest commercial vehicle armouring company in the southern hemisphere.

Ashley qualified as chartered accountant after completing his articles at Grant Thornton.

Warren is chief financial officer of the group as well as of Vantage Mezzanine. As such, he is responsible for the financial management of the group's proprietary investment activities. He is also responsible for risk management, portfolio monitoring and reporting with regard to the mezzanine fund. Warren plays a role in the assessment of all new investments being considered by the Fund.

Warren served a year of academic articles at the University of Witwatersrand and the remainder of his articles at Arthur Andersen before starting his banking career with Standard Corporate and Merchant Bank. He is a qualified chartered accountant.

His first position was account executive in the corporate banking division, managing the bank's relationships with certain of its mining clients. He then assumed a new business development role and later led a team of transactors in this new business team. During this time he concluded numerous bank funding deals including several leveraged finance transactions. His last position was in the bank's acquisition finance team where he successfully concluded a number of leveraged finance transactions, before joining Vantage Capital.

Ian serves as a senior advisor to Vantage Mezzanine and plays an oversight role in monitoring the existing portfolio. Ian is the Fund's observer on the board of Tsebo and TrenStar.

Ian has an extensive track record of managing large South African and international businesses which have included Joy Manufacturing, a manufacturer and distributor of mining equipment in South Africa and the subsidiary of a large US group, Kersaf Investments (Sun International), a publicly listed casino and leisure group, Sappi Southern Africa, a leading forest products company, and the Premier group which included SA's largest cotton, medicine distribution, photographic and book & stationery retailing businesses, as well as SA's second largest food company.

Ian was a partner in a private equity company that managed Standard Bank's private equity business for five years and prior to joining Vantage, he was as a senior banker in the corporate and investment banking division of Standard Bank.

Ian is a chartered accountant by training.

Daisy serves as chief risk advisor to Vantage Risk Capital and her work entails reviewing deal profiles and financial models and providing input into term sheets; and offering guidance on investment committee applications. Daisy attends all Fund II investment committee meetings.

Daisy served her articles from 1994 to 1996 at Ernst and Young and was seconded to their Seattle office in 1997. In September 1997, she joined South African Breweries as a financial planner. In 1999, she began studying part-time for her masters of accounting degree and joined Deloittes in May 1999 as a corporate tax consultant. During this time, Daisy consulted to mostly listed corporates and was seconded to BoE Bank Limited (now part of Nedcor) to perform the bank's tax function. She left Deloittes in April 2001 where her last position was assistant tax manager.

Daisy joined Gensec Bank (now Sanlam Capital Markets) as a dealmaker and worked there until the end of May 2010, where her last role was that of head: debt structuring unit. During this time she concluded numerous funding deals including many leveraged finance transactions. Daisy has concluded approximately R1.5bn mezzanine transactions, mostly to facilitate and fund BEE transactions. She was appointed to the sub-credit committee of the Sanlam Investment Cluster - the operational committee to consider investment into credit/fixed income assets (the Sanlam group has in excess of R120bn in fixed income assets). She also represented Sanlam as its nominee on the audit and credit committee of Fintech, she was a director of Safair Lease Finance (a joint venture with Imperial Holdings with assets in excess of R4bn), she was Sanlam's shareholder representative on the board of Life Healthcare and she represented Sanlam as its advisory board member on the Vantage Mezzanine Fund I.

Daisy completed the Sanlam Management Development Program from the University of Stellenbosch in 2005 and in 2007 was seconded to Citi London as part of the ABSIP/Eskom programme to enhance financial skills in South Africa.

Daisy is a qualified chartered accountant and holds a masters of accounting degree (specialisation in taxation) from the University of Natal Durban.

Currently, Daisy is a member of SAICA, ABSIP, AWCA, BMF, BWA and the Institute of Directors Southern Africa.

Mokgome is associate partner at Vantage Risk Capital. His primary responsibility is the origination, assessment, structuring, execution and post-transaction monitoring of mezzanine fund investments. In addition to South Africa, Mokgome is responsible for the Kenyan, Ethiopian and Ugandan markets. Mokgome holds an observer seat on the board and audit committee of Efekto.

Prior to joining Vantage, Mokgome headed up the BEE, FIG and public sector team within Standard Bank's Leveraged and Acquisition Finance division whereby he led several noteworthy transactions. These included providing R1.2 billion ($150 million) of investment capital to the Shanduka group, providing R1 billion ($125 million) of growth capital to Old Mutual Finance, and concluding a debt advisory and capital structuring mandate for Kenya Airways.

Prior to that, Mokgome was a founding member of Standard Bank's mezzanine finance division which was set up by Luc Albinski whereby he co-led the conclusion of a number of transactions. These included arranging and underwriting senior debt and mezzanine debt funding for a number of transactions including R6.9 billion ($863 million) to fund the Sasol Inzalo empowerment transaction, R6.2 billion ($775 million) to fund the De Beers Ponahalo empowerment transaction, R350 million ($43,8 million) to refinance Metrofile's restructured debt and provide additional expansion capital, R600 million ($75 million) to fund Worldwide's acquisition of a 20% stake in Engen and R1.5 billion ($188 million) to fund the Sasol Tshwarisano empowerment transaction.

Mokgome holds a bachelor of commerce (accounting) degree summa cum laude from the University of Natal and is a qualified charted accountant.

Zaheer is an associate partner at Vantage Capital and his primary focus is on the mezzanine fund's activities, and he represents Vantage as a member of the Kwikspace board. In addition to South Africa, Zaheer is responsible for the Zambian and Tanzanian markets.

Prior to joining Vantage, Zaheer spent two years as an investment banker in the diversified lending and leverage team at the Standard Bank of South Africa, where he worked on a variety of large leverage transactions. Before that, Zaheer was instrumental in establishing the equity and leverage finance team within the business bank of Standard Bank, where he spent 5 years, starting out as a dealmaker and later moving on to head up the team. During this time he was involved in a number of leverage and BEE transactions. Zaheer also spent a year, on secondment from the investment bank, in the business solutions area of Standard Bank focusing on large restructures during the credit crisis.

Prior to joining Standard Bank, Zaheer was a transactor at the National Empowerment Fund and was instrumental in the establishment of the first private equity fund within the organization.

Zaheer holds a bachelor of commerce (business finance, accounting and economics majors) from the University of Witwatersrand and an honours degree in investment management from the Rand Afrikaans University.

Johnny is primarily focused on the mezzanine fund's activities. In addition to South African deals, Johnny is responsible for the Nigerian market. He is responsible for the TrenStar investment and is an observer on TrenStar's audit committee. He is also an observer on Safripol's audit committee.

Prior to joining Vantage, he worked in the leveraged finance group at UBS Investment Bank in the U.S. In this role he specialized in the basic materials sector assisting in underwriting transactions and providing relative value investment recommendations for listed debt securities.

Johnny began his career in 2000 working as an equity research investment analyst at Wachovia Securities in Atlanta, Georgia. His focus was on macroeconomic trends and investment strategy. Later he spent two years at KPMG in the economic & valuation services division based in New York. In this role he worked as a generalist providing debt and equity value indications for companies in industries including financial services, steel and entertainment.

Johnny received his MBA from the Wharton School at the University of Pennsylvania, and his bachelor of science degree (economics) from Duke University in North Carolina. He earned the chartered financial analyst designation in 2007 and passed the certified public accountant exam in 2003. Johnny is a US national.

David is an associate partner at Vantage Capital and his primary focus is on the mezzanine fund's activities. In addition to the South African market which he focuses on from the Cape Town office, David is responsible for the Ghana market. Prior to joining Vantage, David was an associate director at Barclays in their leveraged finance team based in Dubai, where he worked on a variety of leveraged buyout transactions within the Gulf region. Before that, he worked as a finance manager for Barclays in their London head office, and for KPMG in Johannesburg as a supervisor in their financial services division.

David holds a bachelor of business science (finance honours) and masters in commerce from the University of Cape Town. He is a qualified CA (SA) and CFA.

Bafana is a senior associate at Vantage Capital and his primary focus is on mezzanine fund activities. In addition to South Africa, Bafana is focussed on the Namibia and Botswana markets.

Before joining Vantage, he was an associate with VPB Namibia and a member of the founding team managing the Namibia Growth Fund. There he helped the fund reach first closing as well as develop a significant deal pipeline.

Prior to that, Bafana was with VPB in Botswana where he participated in a number of notable local transactions for their PE and VC fund. He started his career with Fleming Asset Management Botswana, performing research and analysis on various listed counters on the Botswana Stock Exchange. He has also served on a number of boards in the ICT, healthcare, retail and manufacturing sectors.

Yaw Keteku is a senior associate at Vantage Capital where he is primarily focused on the mezzanine fund's activities. Yaw works with David in originating and assessing transactions in Ghana and is based in Vantage's Cape Town office.

Before joining Vantage, Yaw was an investment banking associate in the Global Energy and Project Finance Group at Credit Suisse in New York. In this role, Yaw was involved in the origination and execution of mergers and acquisitions as well as debt, equity and leveraged finance transactions with an aggregate value exceeding $15 billion.

Prior to that, he was a manager in the Corporate Finance Group at American Express where he was focused on pricing activities for the company's corporate card and travel businesses.

Yaw received his Master of Business Administration degree from the Ross School of Business at the University of Michigan, and his Bachelor of Arts degree in Economics from Dartmouth College. He is a citizen of the US and Ghana.

Diana joined Vantage Capital in November 2012 as an Associate. Diana originates and assesses deals in East Africa and also screens deals in SA and assesses existing portfolio investments.

She previously worked at TransCentury Ltd, a Kenyan based firm that participates in existing and emerging private equity opportunities within Sub-Saharan Africa. During this time she evaluated various medium and long-term investments across fast-growing under-served sectors in Kenya, Uganda, Tanzania, South Africa, The Democratic Republic of Congo and Zambia. She also contributed to the running fo the portfolio companies and was seconded to help in setting up and running the operations of a cable manufacturing plant which the firm acquired in The Democratic Republic of Congo, Cableries du Congo.

Diana has also worked as a Summer Analyst at Goldman Sachs Asset Management (London), where she evaluated the Africa Investment opportunity for the firm across different asset classes. Prior to joining Transcentury, she worked as an Investment Intern at Centum Investment Company Limited (Nairobi) where she reported to the Investment Manager. Prior to that she worked at Deloitte & Touche (East Africa) as an Audit Intern.

She is a 2010 Kenyan Rhodes Scholar who recently completed her MBA at the Said Business School, University of Oxford where she obtained a distinction and featured on the Dean's List. She also holds an MSc in African Studies from the University of Oxford, an MSc in Accountancy & Finance (distinction) from Birmingham City University, a Bacherlor of Commerce in Finance (1st Class) from the University of Nairobi and a BSc Hons in Applied Accounting from Oxford Brookes University (1st Class). She is also an ACCA Affiliate and has passed Level 2 of the CFA designation.

Faheema joined Vantage as an analyst to assist in the debt capital markets division.

Before joining Vantage, Faheema worked at Renaissance Capital, on the investment banking graduate programme, where she gained experience in M&A transactions across metals and mining, as well as retail, agriculture and sponsors. Prior to this, she worked as a due diligence analyst at Deloitte.

Faheema graduated from the University of Johannesburg with a degree in finance and an honours degree in investment management.

Siyanda joined Vantage Capital as a financial controller in February 2011. He commenced his career at Standard Bank where he served his TOPP articles under the Standard Bank group TOPP programme. During his training he moved to various divisions of the group including: PBB retail finance, CIB financial control, group internal audit and CIB corporate finance.

Siyanda did his B Com accounting undergraduate and postgraduate degrees at the University of Kwa-Zulu Natal (previously known as University of Natal). Siyanda is a qualified chartered accountant.

Wiseman joined Vantage Capital as a Financial Controller in August 2012. He did TOPP articles at Nedbank on his way to qualifying as a Chartered Accountant where he rotated to various divisions including Group Capital Management, Group Finance, Corporate Finance and Finance Analytics. Upon qualifying Wiseman stayed on at Nedbank Capital managing a portfolio of Specialised Finance transactions for the Global Structured Trade and Commodity Finance business unit.

After Nedbank, Wiseman joined ABSA in an analytical benefits tracking role where he was responsible for monitoring the performance of the retail bank's strategic initiatives. He joined Vantage to pursue his interest in the investment space.

Lauren joined Vantage Capital in March 2008 as Financial Manager. She commenced her career at PriceWaterhouseCoopers where she worked for 6 years gaining valuable auditing as well as accounting experience. She then moved into commerce where she was employed by various companies including Gray Security Services, Chubb Security, Lithotech, Virgin Mobile, Gearhouse and Finwood Papers.

Lauren is a qualified FCIS (Fellowship of the Chartered Institute of Secretaries and Administrators) and received her diploma in 1995.

Busi joined Vantage Capital in 2012 as company secretary and compliance officer. In addition to the company secretary function, her responsibilities include board administration and support.

Busi is an admitted attorney with five years' experience in the legal profession, specialising in company and commercial law.

Busi holds an LLB degree from the University of Witwatersrand and is currently completing her board exams for her chartered secretary qualification. She is also working on an LLM in commercial law, specialising in company law, through the University of South Africa.

Cebile joined Vantage Capital as financial accountant in January 2011. She commenced her career at Inhlava Management Consultants as an assistant accountant and then moved to The Mvula trust and worked as a financial administrator.

Cebile has a B Com Degree in Accounting and Finance from Wits University, a B Com Honours in Financial Management from Unisa, and she is currently doing her chartered management accountant qualification with CIMA.

Pumla joined Vantage Capital in August 2004. Between 1995 and 1998, she did her senior education diploma at Vista University (Port Elizabeth Campus). While at Vista she was appointed as a gender officer on the SRC. From 2000 she was employed at African Bank as a receptionist. Pumla holds a diploma in office administration and bookkeeping.

Andrea joined Vantage Capital as the Office Manager in December 2012. Prior to joining Vantage she spent eight years at African Alliance working for both the CEO and Deputy CEO, as well as running the African Alliance Johannesburg Office.

Prior to her time at African Alliance, Andrea spent seven years at ICI/JLM Industries working for the Managing Director, where her role included organising the various company conferences and golf days.

Andrea has had over twenty years experience working as a PA at various organisations in Johannesburg as well as a in the UK.

Maggie joined Vantage Capital in February 2004 as personal assistant to the chairman of the group. She started her career as a legal secretary and thereafter joined McIntosh Latilla Carrier & Laing as an assistant during the development of the Lost City. In 1992, she joined the Southern Sun Hotels & Holiday Inn group, where she gained experience in guest relations & front office management. In 1998 she joined Capital Partners, a private equity company, which later merged with Capital Alliance group to become Brait SA Ltd. Maggie also worked for the Consulate Office of the Republic of Guyana where she served as an executive assistant. Maggie is also a member of CIDA Campus as a mentor to historically disadvantaged youths.

Maggie has a Secretarial diploma, a diploma in Frontline Public Relations, a diploma in Business English and a diploma in Customer Relations (Damelin College).

Christel joined Vantage Capital in March 2013 as Personal Assistant to the CFO and Travel co-ordinator to the group. Prior to Vantage she spent three years at African Alliance where she gained extensive travel and office administration experience.

Prior to her time at African Alliance she spent five years at LegalWise working as a legal secretary while studying Paralegal Studies through the University of Johannesburg.

Lee-Ann joined Vantage Capital as Office Manager in Cape Town. She previously worked as a Secretary in the medical industry 2010 & 2011. Prior to that, she worked in customer service at various retail outlets for 8 years.

She obtained a diploma in Office and Business Management 2009 and is currently studying Human Resource Management.

Sophy Lekalakala joined Vantage Capital in February 2007 as an office assistant. She was previously employed as a shop assistant at Gently Worn for a year in 2006. In 2004 she did a diploma in accounting and information systems through PC Training and Business College. Sophy is currently studying part time for a diploma in corporate governance and administration through Wits University.

Sithabile joined Vantage Capital in January 2009 as an office assistant. She studied office administration through Rosebank College during 2010.

Andries worked for Vantage Capital part time for 3 years, and in October 2010, joined Vantage Capital in a permanent capacity as a driver. Previously, from 1983 until September 2009, Andries worked at Rezek Motors as the company's driver.