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Type

Fund Manager

Location

Johannesburg South Africa

Alternative Asset Classes

PE INF

Established

2006

Firm Ownership

Independent Firm

Investment Team Staff

Total Staff

16
Solcon Capital formerly known as Convergence Partners. It is a fund management firm that focuses on the TMT sector in Africa and the Middle East. As an impact investor, the firm looks to accelerate communications access and ICT infrastructure development, focusing on initiatives that increase the availability of communications, broadband services, and new technology offerings to the people of Africa. The private equity arm of the firm acts as a long-term, active, strategic investor in the technology, media, and telecommunications sector, with a principal focus on Africa and the Middle East. Convergence Partners has an investment focus on ICT infrastructure projects that increase the availability of communications, broadband services, and new technology offerings within Africa. Convergence Partners typically takes significant minority interests and invests according to various strategies including private equity, expansion capital, project equity into major new infrastructure projects, and development/venture capital into new early-stage ventures. The infrastructure arm of the firm focuses on investments in the technology, media, and telecommunications sectors in Africa. The firm is also committed to impacting investing. In June 2023, Convergence Partners Investments Rebrands to Solcon Capital.
Asset Class No. of Funds Currently Managed Funds Raised in Last 10 Years Est. Dry Powder Strategies
Private Equity 1 Balanced, Buyout, Expansion / Late Stage, Growth
Real Estate - -
Private Debt - -
Infrastructure 2 Infrastructure Opportunistic, Growth, Infrastructure
Natural Resources - -
Asset Class No. of Funds Currently Managed AuM Date of AuM Strategies
Hedge Funds 0 -

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14 Known Decision Makers

Contact Name Position Location Email Telephone Asset Class
Accountant Johannesburg, South Africa PE INF
Analyst Johannesburg, South Africa INF
Associate Johannesburg, South Africa INF
Founding Partner & Chairman Johannesburg, South Africa PE INF
Founding Partner & Chief Executive Officer Johannesburg, South Africa PE VC INF

Showing 5 of 14 known decision makers at Solcon Capital

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3 Private Capital Funds Managed

Fund Name Vintage Strategy Status Fund Structure Closed Size (MN) Target Size (MN) Primary Region Focus
Infrastructure Opportunistic Closed Commingled Africa
Infrastructure Opportunistic Closed Commingled Africa
Balanced Closed Commingled Africa

Showing 3 of 3 private capital fund managed by Solcon Capital

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14 Known Investors

Investor Number of Funds Type City Country Asset Class
2 Government Agency INF
1 Foundation PE VC
1 Government Agency INF
1 Bank INF
2 Bank INF

Showing 5 of 14 known investors in Solcon Capital funds

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