Matasis was co-founded by Manne Dipico and Zahid Faqui-Dawood, as a BEE investment vehicle aimed at meaningful participation in the South African economy. Ownership of Matasis was then expanded to include other Broad-Based Black investors.

It invests, structures and raises funding for management and leveraged buy outs, as well as strategic Black Economic Empowerment transactions

Since inception, It has participated in a number of key transactions, principally in the Natural Resources and related Industries.

Matasis’ focus has expanded to growth opportunities beyond South Africa (primarily through its investee companies) , and continues to develop strong competencies, contacts and resources in this regard.