Investors in South Africa

Showing 1-50 out of 811 matches

Public Investment Corporation

The Public Investment Corporation (PIC) is a government-owned investment management company in South Africa, established in 1911. It exclusively serves the public sector, managing funds for public bodies that include pension, provident, social security, and guardian funds. As one of Africa's largest and most successful investment managers, PIC operates with a diversified portfolio that encompasses various asset classes, including listed and unlisted equities, bonds, properties, and cash. The corporation's investment strategy incorporates both in-house and externally managed assets, with a focus on maximizing returns for the public sector while adhering to responsible investment principles. Through its comprehensive approach, PIC plays a crucial role in supporting the financial sustainability of public institutions in South Africa.
Made 3 investments in South Africa

Acorn

Founded in 2009, Acorn is a Somerset-headquartered independent alternative asset management firm with an office in Cape Town. The firm targets investments in small and medium enterprises across South Africa.

International Finance Corporation

The International Finance Corporation (IFC) is a member of The World Bank Group that focuses on fostering sustainable economic growth in developing countries through private sector investment. It provides a range of financial services, including loans, equity investments, quasi-equity products, and advisory services aimed at supporting startups and various stages of company development. IFC invests in sectors such as agribusiness, financial services, health, education, infrastructure, global manufacturing, oil and gas, telecommunications, and tourism, with a particular emphasis on projects that promote food security, digital finance, and affordable healthcare. The organization targets investments ranging from $1 million to $100 million, often seeking minority stakes but may also take a majority position in its portfolio companies. IFC aims to create jobs, generate tax revenues, and enhance corporate governance in emerging markets, thus contributing positively to local communities. Established in 1956 and headquartered in Washington, D.C., IFC operates globally with offices across various regions, focusing its efforts on financing projects that align with its mission of improving lives in developing countries.
Made 10 investments in South Africa

South Suez Capital

South Suez Capital is a private equity fund of funds manager based in Mauritius, specializing in investments across Africa. Established in 2009, the firm caters to institutional investors, endowments, and high-net-worth individuals, offering them exclusive access to a range of primary, secondary, and direct private market investments. By leveraging a well-established local network, South Suez Capital enables investors to build diversified portfolios focused on the African market. The firm's investment strategy includes targeting commitments to African private equity funds, along with direct investments in operating companies as opportunities arise. Additionally, South Suez Capital maintains a commitment to environmental, social, and governance (ESG) principles in its investment approach.

Nodus Equity

Nodus Equity is a private equity firm based in Illovo, South Africa, specializing in investments in established, medium-sized businesses during their expansion to mature stages. The firm specifically targets companies with an enterprise value below ZAR500 million and an EBITDA exceeding ZAR10 million per year, making investments ranging from ZAR5 million to ZAR35 million. Nodus Equity does not engage with start-ups or businesses in the agriculture, mining, or property sectors. It primarily seeks to acquire equity stakes of 10% to 49%, often preferring a majority stake, and aims to secure board and executive committee representation within its portfolio companies. The firm focuses on mid-market, leveraged buyouts, and management buyouts, facilitating partial exits and cash realizations for business owners.
Made 8 investments in South Africa

Investec

Investec is a financial services company founded in 1974 and headquartered in London, United Kingdom. It operates in multiple regions, including South Africa, Australia, and internationally, through three key divisions: asset management, wealth and investment, and specialist banking. The asset management division offers active investment products across global and emerging markets, catering to both institutional and individual investors. The wealth and investment division focuses on providing comprehensive wealth management services, including portfolio management, tax planning, and stockbroking for high-net-worth clients. The specialist banking division delivers a range of banking solutions, including private banking, corporate and institutional banking, and corporate advisory services. Investec serves diverse clientele, including individuals, businesses, and corporations, with a commitment to offering tailored financial products and services designed to meet their specific needs.
Made 10 investments in South Africa

Standard Bank

Standard Bank Group, founded in 1863 and headquartered in Johannesburg, South Africa, is the largest bank in the country. With a strong presence in 17 African nations and operations extending to 16 countries outside the continent, the bank focuses on providing a range of banking and financial services. Its expertise in emerging markets, combined with a global perspective, allows Standard Bank to effectively serve a diverse clientele. The institution’s extensive knowledge of the African market positions it as a key player in the region's financial landscape.
Made 9 investments in South Africa

Raba

Raba partners with founders from leading start-ups and companies building technology companies solving hard problems in emerging ecosystems in Africa. Raba is backed by a select group of venture capitalists, technology entrepreneurs, and families who have built global businesses across a wide range of industries.
Made 8 investments in South Africa

Hlayisani Capital

Hlayisani Capital is a private equity firm based in Fourways, South Africa, with an additional office in Stellenbosch. The firm specializes in investments in small and medium-sized enterprises (SMEs) and targets later-stage and growth-stage opportunities. Hlayisani Capital primarily focuses on sectors such as information, communication and technology (ICT) and manufacturing, with particular interest in agritech, edtech, and medtech. The firm aims to acquire significant minority or majority ownership stakes in its investments, concentrating on mid-market, high-growth opportunities in South Africa, while also considering prospects in Sub-Saharan Africa and East African countries.
Made 4 investments in South Africa

Knife Capital

Knife Capital is an independent growth equity investment firm focusing on innovation-driven ventures with proven traction. By leveraging knowledge, networks & funding, Knife accelerates the international expansion of entrepreneurial businesses that achieved a product/market fit in a beachhead market. Knife have offices in Cape Town and London. Knife invests via a consortium of funding partnerships, including SARS section 12J Venture Capital Company KNF Ventures and select family offices. Knife facilitated lucrative exits of local technology companies to the likes of General Electric, Visa, Garmin and Uber.
Made 19 investments in South Africa

Futuregrowth Asset Management

Futuregrowth Asset Management, established in 2000, is a South Africa-based asset management firm focused on providing financial services to individuals, insurance companies, financial intermediaries, and mutual fund companies. As a member of the Old Mutual Investment Group, Futuregrowth emphasizes the development and empowerment of South Africa and its people, with a commitment to making a meaningful impact through its investment offerings. The firm operates as a licensed Financial Services Provider, aiming to contribute positively to the local economy and society.
Made 6 investments in South Africa

Umnotho weSizwe Investment Holdings (Pty) Ltd.

Umnotho weSizwe Investment Holdings (Pty) Ltd. is a venture capital firm specializing in growth capital and early stage financing. The firm seeks to invest in the mining industry with a focus on coal, platinum, gold, diamonds, and heavy minerals. The firm pursues all investments focusing on resources, oil & gas, construction and materials, telecommunication, and technology sectors. It prefers to invest in operations which contribute to job creation, skills development/transfer, and poverty alleviation. The firm seeks to invest in companies based in South Africa. The firm seeks to participate on either an executive or management level in its portfolio companies. Umnotho weSizwe Investment Holdings (Pty) Ltd. was established in 1996 and is headquartered in Bryanston, South Africa.

Old Mutual

Old Mutual is an international financial services group that offers a comprehensive range of financial solutions, including life assurance, general insurance, asset management, and banking services. With a history spanning over 175 years, the company serves a diverse clientele, including individuals, small and medium-sized businesses, and corporations across various regions, including Africa, Europe, the Americas, and Asia. Old Mutual provides tailored financial products such as loans, debt consolidation loans, low-cost transactional accounts, and unit trust savings accounts. Additionally, the group is recognized as the largest Africa-domiciled asset manager, managing substantial assets and offering a wide array of investment capabilities. To enhance financial literacy, Old Mutual also conducts workshops aimed at educating clients about financial management.
Made 15 investments in South Africa

4Di Capital

4Di Capital is a venture capital firm based in Cape Town, South Africa, with a focus on seed to early-stage investments primarily in the technology sector. Established in 2009, the firm targets high-growth opportunities within the fintech, healthtech, enterprise software, and other technology-related industries across Southern Africa. 4Di Capital invests amounts ranging from ZAR 1 million to ZAR 49.3 million, acquiring equity stakes between 15 percent and 40 percent in its portfolio companies. The firm's approach emphasizes nurturing capital, providing not only financial support but also mentorship and access to valuable networks to help entrepreneurs reach their full potential. With an additional office in Atlanta, Georgia, 4Di Capital employs best practices tailored to the local market to foster the growth of innovative startups.
Made 19 investments in South Africa

Goodwell V

Goodwell Investments BV is a private equity and venture capital firm based in Amsterdam, Netherlands, with additional offices in Cape Town, South Africa, and Nairobi, Kenya. Founded in 2005, the firm focuses on seed and early-stage investments in small and medium-sized enterprises in impact sectors, particularly in financial services, agriculture, health, logistics, and mobility. Goodwell aims to support companies that provide essential goods and services in Sub-Saharan Africa and India, with a particular interest in microfinance, mobile payments, affordable housing finance, and renewable energy. The firm typically invests a minimum of €250,000 and prefers to hold its investments for five to ten years while taking minority stakes. In addition to financial backing, Goodwell offers advisory services to its portfolio companies, emphasizing sustainable business practices and social impact.
Made 11 investments in South Africa

CDC Group

CDC Group, established in 1948, is the UK’s Development Finance Institution wholly owned by the government. Its primary mission is to foster business development in Africa and South Asia, aiming to create jobs and improve living conditions in some of the world’s most impoverished regions. CDC invests strategically in sectors where job creation is most needed, including manufacturing, agribusiness, infrastructure, financial institutions, construction, health, and education. By supporting businesses in these areas, CDC seeks to stimulate economic growth and enhance the private sector in regions where it is often underdeveloped. Through its portfolio, which includes numerous investee businesses, CDC has demonstrated a significant impact on job creation and local economies, contributing to tax revenues and ultimately improving the lives of individuals in the communities it serves.
Made 9 investments in South Africa

SEI

SEI Investments is a global provider of asset management, investment processing, and investment operations solutions, established in 1968 and headquartered in Oaks, Pennsylvania. The firm serves a diverse clientele, including wealth managers, institutional investors, and high-net-worth individuals, by offering a comprehensive range of wealth solutions. These services encompass fund administration, portfolio and fund accounting, as well as trustee and custodial services tailored for various investment vehicles, including private equity and mutual funds. Additionally, SEI operates internationally, with a presence in markets such as Canada, Hong Kong, Ireland, the Netherlands, the United Kingdom, and South Africa. Through its innovative global operating platform, SEI aims to enhance clients' success by addressing their emerging needs and delivering relevant business solutions.

Sanari Capital

Sanari Capital is a South African private investment company. They partner with owners and management in building companies, concepts and ideas.
Made 3 investments in South Africa

Phatisa

Phatisa is a private equity and venture capital firm founded in 2002 and headquartered in Mauritius. It specializes in investments in small and medium-sized enterprises, focusing on management buy-outs, expansions, acquisitions, and start-ups. The firm emphasizes sectors such as food and affordable housing across sub-Saharan Africa. Phatisa also invests in real estate projects, primarily targeting affordable and middle-income residential developments alongside mixed-use projects in urban areas. However, it excludes investments in bio-fuels, timber, alcoholic beverages, seed capital, short-term bridging, debt finance, and does not provide grants or soft loans.
Made 2 investments in South Africa

Ethos

Ethos, founded in 1984 and headquartered in Illovo, is a prominent private equity firm that specializes in investments in medium-to-large businesses primarily within South Africa and selectively in sub-Saharan Africa. With a pioneering role in South African private equity, Ethos has successfully completed the first private equity-led acquisitions in the country and has invested in over 100 companies across various sectors, including financial services, healthcare, technology, consumer products, and industrials. The firm has built extensive local networks complemented by international reach, enabling it to deliver strong returns that consistently outperform the stock market. Ethos is independently owned and managed by investment professionals, ensuring alignment of interests with stakeholders. Currently, the firm is investing through Ethos Fund VI, which has garnered commitments of approximately R7 billion, making it one of the largest pools of third-party capital in Africa.
Made 25 investments in South Africa

Nedbank

Nedbank Group, based in South Africa, provides a comprehensive range of banking and financial services through its subsidiary, Nedbank Limited. The group offers personal banking solutions such as savings accounts, home and personal loans, credit cards, and investment services. It also caters to businesses with various banking products, including loans, structured solutions, and treasury services. Additionally, Nedbank provides corporate and investment banking services, focusing on sectors like infrastructure, energy, and telecommunications. The company engages in private equity and venture capital through Nedbank Capital Private Equity, which specializes in growth capital and management buy-outs, primarily investing in mid-market unlisted companies across various industries. Founded in 1831 and formerly known as Nedcor Limited, Nedbank Group has a strong presence in South Africa and operates in other regions, including Europe, Asia, and the United States. The group emphasizes sound banking practices and risk management across its diverse financial services portfolio.
Made 9 investments in South Africa

Apis Partners

Apis Partners is a private equity asset manager based in London, specializing in financial services within growth markets, including Africa, South Asia, Southeast Asia, and Europe. The firm is managed by a seasoned team with over 20 years of experience in financial services and private equity, having built a strong track record in the industry. Apis Partners has developed a wide-ranging network of operating partners, comprising over 20 financial services professionals, which enhances their on-the-ground presence in five countries. The firm's recent fund, Apis Growth Markets Fund III, launched in 2023, focuses on investments in the financial services sector, targeting ticket sizes between USD 60 to USD 70 million across 10 to 15 companies. Apis Partners leverages its extensive industry expertise and resources to capitalize on growth opportunities in emerging markets.
Made 5 investments in South Africa

Proparco

Proparco is a French government organization established in 1977, dedicated to promoting private sector funding in sustainable development. Based in Paris, the firm focuses on financing and supporting companies and financial institutions across Africa, Asia, Latin America, and the Middle East. Proparco's investment strategy emphasizes key development sectors such as renewable energy, infrastructure, agriculture, health, education, and financial services. The organization aims to strengthen the contributions of private actors towards achieving the Sustainable Development Goals (SDGs) established by the international community. Proparco finances projects that create jobs, provide essential goods and services, and combat climate change, offering a range of financial instruments including loans, equity, and guarantees. Its interventions are designed to enhance the resilience of communities and promote sustainable economic growth in emerging markets.
Made 8 investments in South Africa

Quona Capital

Quona Capital Management Ltd. is a venture capital firm that focuses on early to growth-stage investments in financial technology companies within emerging markets, particularly in Africa, Asia, and Latin America. Founded in 2014 and headquartered in Washington, D.C., with additional offices in Bengaluru, Lima, Cape Town, and Mexico City, Quona Capital aims to enhance financial inclusion by backing startups that leverage technology to improve the accessibility, quality, and affordability of financial services for underserved consumers and businesses. The firm primarily invests in disruptive innovations related to digital lending, payments, and wealth management, as well as adjacent sectors such as agriculture, health, education, and commerce. Investments typically range from $1 million to $10 million, focusing on solutions that address the financial needs of those lacking access to traditional banking services.
Made 8 investments in South Africa

Invenfin

Invenfin (Pty), Ltd. is a venture capital firm based in Stellenbosch, South Africa, focused on early-stage investments, particularly in the food and beverages sub-sector and intellectual property. Established in 2008 as a wholly-owned subsidiary of Remgro Ltd, Invenfin seeks to support entrepreneurs by providing growth capital, typically in exchange for a significant minority stake of 26 to 49 percent. The firm aims to fund ventures characterized by unique intellectual property and is open to various types of innovations, including new products, processes, and technologies. Beyond financial support, Invenfin offers strategic guidance and leverages Remgro's extensive global business network to enhance the commercialization prospects of its investees. The firm has made investments in five companies to date and remains optimistic about the potential of the venture capital sector to drive economic growth, despite the challenges it has faced.
Made 7 investments in South Africa

Endeavor

Endeavor is a non-profit organization dedicated to supporting high-impact entrepreneurs globally, with the aim of fostering long-term economic growth. Established in 1997 and headquartered in New York City, Endeavor operates in various countries, including Argentina, Brazil, and South Africa, among others. The organization identifies, mentors, and accelerates entrepreneurs who have the potential to create substantial economic impact in their regions. In addition to its core mission, Endeavor Catalyst, the venture capital arm of Endeavor Global, focuses on making growth equity investments in startups across sectors such as agriculture, fintech, and healthcare. Established in 2012, Endeavor Catalyst typically invests in companies generating revenues between $0.5 million and $15 million and participates in financing rounds of $5 million or more. This co-investment model not only supports the entrepreneurs but also contributes to the sustainability of Endeavor's broader initiatives.
Made 7 investments in South Africa

African Development Bank

The African Development Bank (AfDB), founded in 1964 and headquartered in Abidjan, Ivory Coast, serves as a multilateral development finance institution dedicated to fostering economic and social progress in Africa. It provides a range of financial products including loans, lines of credit, guarantees, and risk management solutions to both public and private sector projects. The bank collaborates with national and international development entities to finance development initiatives, offering technical assistance for project selection, preparation, and studies. Additionally, the African Development Fund (ADF), a concessional financing arm of the bank, supports low-income regional member countries with loans and grants aimed at poverty reduction and economic development. Through these efforts, the AfDB promotes investments that contribute to sustainable growth across the continent.
Made 5 investments in South Africa

Medu Capital

Medu Capital is a Johannesburg-based private equity firm established in 2003, specializing in lower mid-market investments in South Africa and the broader African region. The firm manages over R1.6 billion in funds, focusing on sourcing and evaluating investment opportunities, executing investments, and actively managing them to realize returns. Medu Capital partners with established businesses that require equity risk capital and Black Economic Empowerment (BEE) partners. The firm emphasizes a disciplined investment philosophy, benefiting from a flat corporate structure that facilitates swift decision-making. Medu Capital has a diverse investment portfolio across sectors including healthcare, transport and logistics, manufacturing, retail, education, and training. The firm is owned and operated by a committed management team, reflecting strong BEE credentials which align with the socio-economic transformation objectives of South Africa. This positioning allows Medu Capital to leverage emerging investment opportunities in a dynamic economic landscape.
Made 19 investments in South Africa

HAVAIC

HAVAÍC is an investment and advisory firm that specialises in early-stage, high-growth African businesses with proven concepts and global prospects, offering investment opportunities to sophisticated investors and international venture capital companies with an interest in Africa. As a complementary offering, HAVAÍC provides corporate advisory and capital raising services to emerging, internationally scalable businesses.
Made 8 investments in South Africa

Sanlam

Sanlam Limited is a financial services company headquartered in Bellville, South Africa, that offers a wide range of financial solutions to individual, business, and institutional clients. Established in 1918, Sanlam operates through multiple segments including Sanlam Personal Finance, Sanlam Emerging Markets, Sanlam Investment Group, and Sanlam Corporate. The company provides various insurance products such as life, disability, medical, and group risk benefits, alongside financial planning and retirement solutions, investment products, and personal loans. Additionally, Sanlam supports small and medium-sized businesses with services like business advice and employee health plans. The company also has a private equity arm, Sanlam Private Equity, focusing on investments in mature markets and growth capital in sectors such as dairy, beverages, and processed foods, primarily within South Africa and Sub-Saharan Africa. Sanlam Investments manages an infrastructure debt fund that targets investments in renewable energy, telecommunications, and other sectors in Southern Africa.
Made 6 investments in South Africa

E3 Capital

E3 Capital is an investment firm that focuses on enhancing energy access in Sub-Saharan Africa. It serves as an advisor to the Energy Access Venture Fund, which is dedicated to financing entrepreneurial businesses that tackle the region's electrification challenges through innovative technologies and business models. The fund is supported by Schneider Electric, a leading energy management company, along with various public-sector investors. E3 Capital aims to promote sustainable energy solutions to address the significant energy access gap in Sub-Saharan Africa.
Made 3 investments in South Africa

Standard Chartered

Standard Chartered Bank is a multinational banking and financial services company headquartered in London, United Kingdom, with a history dating back to 1853. It operates through various segments, including Corporate & Institutional Banking, Retail Banking, Commercial Banking, and Private Banking. The bank offers a comprehensive array of financial products and services, such as current and savings accounts, loans, mortgages, credit cards, and wealth management solutions. Its corporate finance division provides structured financing, mergers and acquisitions advisory, and trade finance services. Additionally, Standard Chartered delivers transaction banking services, including cash management and electronic banking solutions. With a strong presence across Asia, Africa, Europe, the Americas, and the Middle East, the bank serves a diverse clientele, including individuals, small businesses, corporations, and governments, through its extensive network of branches. Standard Chartered aims to foster economic growth and prosperity in the regions it operates, emphasizing its commitment to being "Here for good."
Made 5 investments in South Africa

Lateral Capital

Lateral Capital LLC is a venture capital firm focused on early and growth stage investments in sub-Saharan Africa. The firm specializes in technology-enabled businesses that address critical challenges in sectors such as financial services, healthcare, education, renewable energy, agriculture, housing, and logistics. Lateral Capital makes both debt and equity investments, typically ranging from $0.25 million to $5 million. With its headquarters in New York City and additional offices in Johannesburg, Nairobi, and Lagos, the firm aims to support mission-driven companies that provide foundational technologies and innovative solutions across the continent.
Made 3 investments in South Africa

Accion

Accion is a global nonprofit organization founded in 1961 and headquartered in Cambridge, Massachusetts. It focuses on increasing access to financial tools and services for underserved individuals and small businesses to promote financial inclusion. Accion catalyzes financial service providers to deliver affordable, high-quality solutions at scale, thereby helping communities thrive. The organization supports innovative fintech startups through its investment initiative, Venture Lab, which invests in early-stage companies that enhance financial access and improve service quality. Venture Lab provides both capital and strategic support, facilitating growth and operational efficiency for its portfolio companies. By engaging industry leaders and regulators, Accion challenges the financial sector to become more inclusive, ultimately working towards a world where everyone has the opportunity to improve their financial well-being.
Made 3 investments in South Africa

GE Equity

GE Equity, a division of General Electric, focuses on maximizing returns on the company's investment capital through strategic equity investments. Established with a blend of extensive equity investing experience and the operational expertise of GE, the division primarily seeks minority ownership stakes in established companies that exhibit high growth potential. GE Equity emphasizes various investment strategies, including growth capital, buy-out co-investments, secondary direct purchases, recapitalizations, and limited partner investments. The division leverages GE's global reach and industry knowledge to identify and capitalize on promising investment opportunities across diverse sectors.

Silvertree Capital

Silvertree Capital is a venture capital firm based in South Africa, specializing in early-stage investments, including incubation, seed, and startup funding. The firm focuses primarily on the online and mobile sectors, with particular interest in web applications, B2C e-commerce, and B2B2C sales. Silvertree Capital primarily invests in South Africa, Nigeria, and Kenya, utilizing both personal capital from its management and balance sheet investments. As a subsidiary of Silvertree Internet Holdings, it aims to leverage technology to effectively reach African consumers and invest in companies with simple, proven business models that capitalize on the growing mobile and internet landscape in Sub-Saharan Africa. The firm is committed to operational discipline and capital efficiency, continuously building new businesses while also investing in and acquiring existing companies to foster growth through operational synergies.
Made 13 investments in South Africa

Mineworkers Investment

Mineworkers Investment invest in long-term cash generative assets and making stage investments.
Made 12 investments in South Africa

Leapfrog Investments

Leapfrog Investments is a private equity and venture capital firm founded in 2007, with headquarters in London and additional offices in various locations including Australia and Africa. The firm specializes in late venture, emerging growth, and growth equity investments, primarily focusing on financial services and healthcare sectors. Leapfrog targets businesses that deliver essential services, including mobile payments, insurance, pensions, savings, credit, and retail healthcare distribution. Its investment strategy emphasizes emerging markets, particularly in regions such as Africa and Asia, including countries like Kenya, Nigeria, Ghana, South Africa, India, Indonesia, the Philippines, and Sri Lanka. The firm typically invests between $10 million and $50 million, engaging in both minority and majority stakes, and aims for exits within four to seven years through various methods such as IPOs and trade sales.
Made 5 investments in South Africa

TLcom I

TLcom Capital is a venture capital firm established in 1999, with offices in Lagos, Nairobi, and London. The firm primarily focuses on technology-enabled companies across Sub-Saharan Africa, as well as in Europe, Israel, and the United States. TLcom Capital manages over $300 million, with a specific emphasis on early to growth-stage investments. In 2017, the firm launched the TLcom TIDE Africa fund, aiming to raise $100 million to support technology startups across Africa. The fund's investment sectors include fintech, commerce, consumer services, and corporate services, covering areas such as health, education, energy, and media.
Made 3 investments in South Africa

Actis

Actis is a prominent investment firm specializing in growth markets across Africa, Asia, and Latin America. Established in 2004, it has raised $14 billion and employs over 200 people, including around 120 investment professionals, across 16 global offices. Actis focuses on a multi-asset strategy that encompasses private equity, energy, infrastructure, and real estate. The firm is committed to responsible investing, leveraging local knowledge and sector expertise to drive competitive returns. Its investment philosophy emphasizes "south-south" relationships, fostering collaboration and knowledge-sharing between emerging markets. Actis manages various funds targeting sectors such as financial services, education, health, energy, and real estate, with a strong emphasis on impact investing. The firm has a significant footprint in approximately 70 companies worldwide, creating over 116,500 jobs.
Made 16 investments in South Africa

Ninety One plc.

Ninety One plc is a multinational asset manager founded in 1991, originally based in South Africa and now headquartered in the United Kingdom. The firm specializes in active investment products and services tailored for both institutional and individual investors. It manages a diverse range of portfolios, including equity, fixed income, and balanced strategies, and invests across public equity, fixed income, and alternative markets globally. Ninety One employs a variety of investment styles, focusing on large-cap companies and utilizing both quantitative and fundamental analysis for portfolio construction. The firm is committed to creating value through bottom-up stock selection and offers a range of mutual funds to meet client needs. Since its de-merger from the Investec group, Ninety One has continued to build its reputation as a leading investment manager in the market.
Made 1 investments in South Africa

CapitalWorks

CapitalWorks is a prominent independent alternative asset manager based in Johannesburg, focusing on Sub-Saharan Africa. The firm caters to a diverse range of partners, including both domestic and international institutional investors, by offering access to a wide array of alternative assets and specialist investment solutions. CapitalWorks manages the CapitalWorks Private Equity Fund I, which targets companies primarily in South Africa, with a particular emphasis on sectors such as energy, metals, minerals, mining, and oil and gas. The fund typically invests a minimum of 15 million USD per company, reflecting its commitment to fostering growth in the region's key industries.
Made 8 investments in South Africa

RMB Corvest

RMB Corvest (Pty) Limited, established in 1989 and based in Illovo, South Africa, operates as a private equity firm within the FirstRand Group. The company specializes in investments in medium-sized and mature management buyouts, management buy-ins, leveraged buyouts, expansion, and later-stage acquisitions. It focuses on well-managed businesses with a strong performance history, avoiding seed stage, startups, and turnaround investments. RMB Corvest seeks opportunities across various sectors, excluding agriculture, except for agro-processing, and is particularly active in mining (excluding support services), high technology, and property. The firm typically invests between 20% and 90% in companies based in South Africa, Sub-Saharan Africa, the United Kingdom, and Australia, with a target investment of up to ZAR 500 million in businesses generating a minimum EBITDA of ZAR 40 million. RMB Corvest aims for investment durations of five to seven years and has completed nearly 200 deals, supported by experienced staff and the resources of RMB.
Made 15 investments in South Africa

IDF Capital

IDF Capital, established on March 1, 2008, is an investment firm based in Illovo, South Africa, and an associate of Identity Partners, which is owned by black women. The firm focuses on investing in the entrepreneurial small and medium-sized enterprise (SME) sector in Africa, aiming to unlock the value of this landscape through tailored financial and non-financial support. IDF Capital manages the IDF Innovation Fund, a venture capital fund that invests in various sectors, including healthcare, media, adtech, health tech, infrastructure, and life sciences, with investment amounts ranging from ZAR 12 million to ZAR 84 million. Committed to fostering economic growth, IDF Capital seeks to empower entrepreneurs, promote sustainability, and facilitate job creation through its investments, reflecting a strong belief in the potential of small businesses to drive trade and economic development across the continent.
Made 5 investments in South Africa

African Infrastructure Investment Managers

African Infrastructure Investment Managers (AIIM) is a private equity infrastructure fund manager based in Cape Town, South Africa. The firm focuses on developing and managing funds that invest in unlisted equity for long-term infrastructure projects across East, West, and Southern Africa. AIIM specializes in various sectors, including roads, airports, power generation, telecommunications, rail, ports, water, and social infrastructure. With equity under management amounting to USD 1.9 billion, AIIM has a proven track record through its management of seven infrastructure funds dedicated to enhancing the region's infrastructure landscape.
Made 4 investments in South Africa

Vantage Capital

Vantage Capital, established in 2001 and based in Johannesburg, South Africa, operates as an independent private equity fund manager. It is recognized as one of the few black-owned and managed private equity firms in the country. The firm primarily focuses on private equity investments for its own account as well as for third-party funds. In addition to its core private equity activities, Vantage Capital has also managed a venture capital fund that targeted investments in the software and technology, media, and telecommunications sectors, supporting a range of companies within those industries.
Made 15 investments in South Africa

Techstars

Techstars Central LLC, founded in 2006 and based in Boulder, Colorado, operates as a startup accelerator and venture capital firm focused on supporting early-stage technology-oriented companies. It specializes in a mentorship-driven accelerator program, selecting ten startups each summer to participate in a three-month incubation period, offering funding of $120,000 in exchange for equity. Techstars invests primarily in sectors such as fintech, artificial intelligence, blockchain, augmented reality, and IoT, while avoiding investments in medical devices, healthcare technology, and local service-oriented businesses. In addition to its primary accelerator, Techstars has various specialized programs, including those focused on music, retail, mobility, and social impact, with global reach extending to regions such as Africa, Asia, and Latin America. The firm prefers taking minority stakes, typically between six and ten percent, without seeking board representation or investor rights. Techstars has built a robust network of entrepreneurs, mentors, and corporate partners to foster innovation and growth within its portfolio, which includes over 1,000 companies with a significant collective market capitalization.
Made 19 investments in South Africa

Norfund

Norfund is a Norwegian government organization founded in 1997, based in Oslo, that focuses on reducing poverty and enhancing economic development in low-income countries. It serves as an active, strategic minority investor, providing risk capital, equity, and loans to businesses in regions where access to financing is limited. Primarily operating in Sub-Saharan Africa, as well as selected areas in Southeast Asia and Central America, Norfund aims to foster sustainable business growth in environments where the private sector is underdeveloped. The organization also invests in small and medium-sized enterprises (SMEs) to further support local economic initiatives. Through its investments, Norfund seeks to create a significant positive impact on the economies of the countries it targets.
Made 8 investments in South Africa

Michael & Susan Dell Foundation

The Michael & Susan Dell Foundation is a nonprofit organization established in 1999, focused on enhancing the lives of children living in urban poverty globally. With offices in Austin, Texas; New Delhi, India; and Cape Town, South Africa, the foundation supports initiatives that promote high-quality public education, childhood health, and economic stability for families in need. Through its commitment to global children's issues and community development, the foundation has invested over $915 million in various programs aimed at alleviating poverty and improving the overall well-being of vulnerable populations.
Made 2 investments in South Africa

Convergence Partners

Convergence Partners, established in 2006, is an investment management firm dedicated to the telecommunications, media, and technology sectors in Africa. The firm specializes in creating and managing investment opportunities that enhance the development of information and communication technology (ICT) assets across the continent. As impact investors, Convergence Partners aims to stimulate investment capital to improve communications access and infrastructure, emphasizing initiatives that expand broadband services and technological innovations for the African population. The founders of Convergence Partners are experienced private equity professionals with a strong track record in delivering substantial returns while supporting continental advancement. The firm has been instrumental in significant ICT infrastructure projects in Africa, including SEACOM, the first independent undersea fibre system for East Africa, New Dawn, the continent's inaugural private sector communications satellite, and FibreCo Telecommunications, which established the first independent national fibre network in South Africa.
Made 10 investments in South Africa