Mineworkers' Investment Company
Investment Details
Investor Type
Private Investment Firm
Asset Class Focus
Private Equity, Venture Capital, Real Estate, Infrastructure, Commodities, Hedge Funds, Fixed Income (Debt and Bonds), Distressed and Special Situations, ESG and Impact Investing, Crypto, Collectibles & Art
Stage Focus
Seed, Early Stage, Series A, Series B, Growth, Late Stage, Pre-IPO, Buyout, Turnaround, Distressed
Geographical Focus
United States, United Kingdom, Canada, Germany, Japan, Australia, China, India, Brazil, France, Italy, Switzerland, Spain, Mexico, South Korea, Netherlands, South Africa, Russia, Sweden
Industries Focus
- Financial Services
- Technology
- Energy
- Consumer Goods
- Industrials
- Telecommunications
- Media
- Retail
- Education
- Agriculture
- Business Services
- Health
- Construction
- Leisure
- Mining
Investment Size:
1,000,000 to 50,000,000 USD
Investor Details Founded: 1995
The Mineworkers' Investment Company (MIC) is a 100% black-owned investment firm established in 1995 by the Mineworkers Investment Trust (MIT) to create a sustainable asset base for the benefit of mine, energy, and construction workers and their dependents. MIC has a net asset value of over R4.8 billion and has disbursed over R420 million to the MIT, which has in turn advanced the money to fund its social development programs. MIC identifies and invests in long-term cash-generative assets, which are able to generate sustainable dividend flow. The dividends ensure ongoing funding for the Trust’s social and educational projects. Since 1995, MIC has invested in companies of all sizes and across various sectors, including financial services, health, leisure, business services, industrials, technology, and media. However, MIC is always looking for new investment opportunities, particularly into highly innovative and original ventures. MIC provides more than just funding; it is an active equity partner and offers strategic, board-level guidance on corporate governance and transformation. MIC has paid more than R700 million in dividends directly to MIT in the last 27 years. MIC's values include mutual respect, striving for excellence, commitment to transformation, acting with integrity, social consciousness, and fostering a supportive team culture. MIC's headquarters are located at 4 Eton Road, Parktown, Johannesburg, 2193, Gauteng, South Africa. For more information, visit their website at https://mic.co.za/ or contact them at info@mic.co.za or +27 11 088 1800.
Requirements
- Preference for investments that generate sustainable dividend flow
- Focus on long-term cash-generative assets
- Interest in highly innovative and original ventures
- Active equity partnership with strategic, board-level guidance on corporate governance and transformation
Contact
[Official Website Hidden]
[HQ Location Hidden]
[Email Hidden]
[Contact Number Hidden]
Portfolio Companies
- Primedia
- FirstRand Group
- BP Southern Africa
- Aveng Limited
- AECI Limited
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