Convergence Partners

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Convergence Partners — overview

Type

Private Equity Firm

Location

Johannesburg South Africa

Alternative Asset Class

PE

Established

2006

Firm Ownership

Independent Firm

Investment Team Staff

Total Staff

16

About

Convergence Partners is a private equity fund that invests in 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. Convergence Partners Investments was the first fund managed by Convergence Partners. In 2023, this vehicle was spun out of Convergence Partners as a standalone vehicle under a new management team. It rebranded to Solcon Capital and continues to invest in deep tech. Convergence Partners continues to manage private equity funds. It currently manages 2 funds Convergence Partners Communications Infrastructure Fund (CPCIF) and the Convergence Partners Digital Infrastructure Fund (CPDIF).
Asset ClassNo. of Funds Currently ManagedFunds Raised in the last 10 yearsEst. Dry PowderStrategies
Private Equity2Growth
Private Debt--
Real Estate--
Infrastructure--
Natural Resources--
Asset ClassNo. of Funds Currently ManagedAuMDate of AuMStrategies
Hedge Funds--

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Convergence Partners - known decision makers (17)

Contact NamePositionLocationEmailTelephoneAsset Class
AccountantJohannesburg, South AfricaINF
AnalystJohannesburg, South AfricaINF
Vice PresidentLagos, NigeriaINF
Founding Partner & ChairmanJohannesburg, South AfricaINF
Co-Founder & Chief Investment Officer, Convergence PartnersJohannesburg, South AfricaINF

Showing 5 of 17 known decision makers Convergence Partners

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Convergence Partners - private capital funds managed (2)

Fund NameVintageStrategyStatusFund StructureClosed Size (MN)Target Size (MN)Primary Region Focus
GrowthClosedCommingledAfrica
GrowthClosedCommingledAfrica

Showing 2 of 2 private capital fund managed by Convergence Partners

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Convergence Partners - known investors (13)

InvestorNumber of FundsTypeCityCountryAsset Class
1Government AgencyBrusselsBelgiumPEVC
2Government AgencyLondonUKPEVC
1Government AgencyCologneGermanyPEVC
1BankMidrandSouth AfricaPEVC
2BankLuxembourgLuxembourgPEVC

Showing 5 of 13 known investors Convergence Partners

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