Vantage Capital Group | Co-founder and Executive Chairman |
Mr. Mogase is the co-founder and Executive Chairman of Vantage Capital Group, an investment and finance house. Vantage Capital was formed after the merger of MMR Equity Capital, of which Mr. Mogase was a joint founder, with Vantage Capital in 2001.
Vantage Capital remains primarily focused on private equity investment activities and investments for its own account, and is one of the only remaining black controlled, independent private equity firms in South Africa.
To date, Vantage Capital Group has funds under managements and investments of over
Vantage Risk Capital, a subsidiary of Vantage Capital Group, was launched in 2006. It has successfully raised a R1 billion Mezzanine Fund from local and international investors. The Mezzanine Fund final closing was in October 2007. To date, it has invested over R800 million in four investments.
Mr. Mogase is past chairman of the Southern African Venture Capital and Private Equity Association (SAVCA). SAVCA aims to promote the venture capital and private equity industry in Southern Africa and represent the profession at the national and international level.
Mr. Mogase was also chairman of the Micro Finance Regulatory council (MFRC) and it was during his tenure that the New Credit Act was developed.
Mr Mogase has recently been appointed as a chairman of African Bank Ltd, a specialist micro lender listed on the Johannesburg Stock Exchange.
Mr. Mogase commenced his working career as an Internal Auditor at LTA Construction Ltd in 1987. After serving as Financial Manager and Financial Accountant for various companies, Mr. Mogase moved to Nedbank where he was an Analyst later moving to Relationship Management in their Corporate Banking division where he was co-responsible for a portfolio of R1,5 billion. While at Nedbank he was appointed to the leadership team and was seconded to Chase Manhattan in 1992 where he gained experience in corporate finance, broker dealer and middle market operations.
During this time, Mr. Mogase was also involved in the establishment of Real Africa Investments Limited (RAIL), one of the pioneering black empowerment companies in South Africa. RAIL was an investment holding company with significant interests in listed companies in the life insurance, investment banking, food and medical sectors. Mr. Mogase was one of the five founding members of RAIL and was a non-executive director of RAIL.