Africa-focused private credit fund manager Vantage Capital has fully exited South Africa-based investment holding company New GX Capital, reportedly generating a 35 percent return on its original investment. Vantage provided the company with ZAR250 million (approximately US$17 million) in financing in 2016 through its third fund. New GX used the funding to invest in South Africa-based fiber, telecoms, waste recycling and information technology companies.