The Maysen Group Trust (MGT) has a steadfast commitment to investing in private equity funds, transactions, and projects that prioritize empowering local partners, shareholders, or businesses to maintain control.
MGT firmly believes that this approach is essential for nurturing sustainable investments and fostering economic empowerment in developing nations.
Central to MGT's ethos is the recognition that local partners possess a unique understanding of the market and are key drivers of enduring value creation for investments. By maintaining a majority interest, local partners are more deeply invested in the success of the business and are inclined to reinvest profits back into the community.
In cases where granting an initial majority interest to local stakeholders, partners, or shareholders may not be immediately feasible, MGT requires that investments or projects develop a plan for transferring ownership to local partners under commercial terms upon exit. This ensures that local partners share in the long-term prosperity of the investment.
This strategic plan must be dedicated to fostering the capabilities and capacities of local stakeholders or partners throughout the investment journey.
To be considered for MGT investment, each private equity fund or project must present a clearly defined strategy outlining a path for stakeholders, partners, or shareholders to achieve a minimum of 40% ownership within a decade. Additionally, this strategy must include an auditable mechanism for skills transfer to ensure business continuity once locals assume ownership.
In addition to the aforementioned requirements, projects or businesses seeking MGT investment must meet the following criteria:
- They must either be based in Africa or offer tangible benefits to the continent.
- The minimum investment amount should be $5 million.
- The project or business must provide a Private Placement Memorandum or an equivalent disclosure document.
- It must either be an established business with a proven track record or have successfully completed a pilot phase.