Medu II

Medu II has been formed to make privately negotiated equity and equity-related investments.

Medu II had its final closing in May 2008. The fund has capital commitments of R900 million.

SARCO

Date of investment: November 2008

Shareholding
Medu II 35%
Management 15%
Nedbank Capital Private Equity 50%
Medu Capital Board Representatives Nhlanganiso Mkwanazi
  Paula Mokwena

Business description

  • Established in 1947, SARCO is Africa’s only producer of rolls and sleeves for the global steel industry.