Sustainable finance within hands-on partnership relationships
The Mergence Group, a partner of Creation Capital, is one of the leading BBEEE asset managers in South Africa, under the visionary leadership of Masimo Magerman. Mergence has in excess of R40 billion of assets under management and their product offering spans investment management, corporate finance, trade finance, industrials, property and derivative trading. Mergence Creation manages the Meraki Credit Fund as a collaborative effort. Meraki is a specialist private credit fund that provides reasonable predictable returns to investors.
Creation Capital, as a partner in Stockhouse Capital, wish to contribute to a sustainable community and economy in South Africa by making affordable credit investment available within a dispersed portfolio of social housing units, accessed primarily by low to medium income households within its target market. The funding focus will be on developers that require ongoing financing to complete their projects, therefore ensuring that the ongoing need for housing are addressed.
It is our belief that we are making an ongoing contribution to spatial, economic and social restructuring within our country and that this contribution will have a sustainable impact for future generations.
Stockhouse’s b-Impact Credit Fund, aims to be the catalyst between public and private partnerships that seek to develop quality, reliable, sustainable and resilient housing and related infrastructure, with a focus on affordable and equitable access for all; whilst delivering a sustainable and predictable return for investors.