Investor Lists

PE firms based in South Africa

Updated 7 November 2026

PE firms headquartered in South Africa.

See all 143 →The top 25
143investors on the listNo change this week
6cheques in 12 monthsToo few cheques to tell
$32Mmedian round they joined+296% against the market median
3%wrote a cheque in 12 months
3%have led a round

The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (5)

  1. 1Hlayisani CapitalquietPrivate equity · South Africa12$2Mmedian roundDec 2023last seen
  2. 2GLOBAL VENTURE CAPITALquietPrivate equity · South Africa10$5Mmedian roundApr 2015last seen
  3. 3Convergence PartnersDeploying nowPrivate equity · South Africa7$40Mmedian roundAug 2026last seen
  4. 4Sanari CapitalquietPrivate equity · South Africa6$4.7Mmedian roundSept 2025last seen
  5. 5BMWquietGrowth equity · South Africa3$100Mmedian roundSept 2020last seen
  6. 6Pace CapitalDeploying nowPrivate equity · South Africa2$50Mmedian roundOct 2026last seen
  7. 7Public Investment CorporationquietGrowth equity · South Africa2$183Mmedian roundSept 2015last seen
  8. 827four Investment ManagersquietGrowth equity · South Africa1$23Mmedian roundSept 2025last seen
  9. 9EXEO CapitalDeploying nowPrivate equity · South Africa1-median roundDec 2025last seen
  10. 10Inspired EvolutionquietGrowth equity · South Africa1$41Mmedian roundDec 2018last seen
  11. 11Ledger Capital PartnersquietPrivate equity · South Africa1$1.5Mmedian roundJan 2019last seen
  12. 12Liquid AfricaquietPrivate equity · South Africa1$1.4Mmedian roundJul 2019last seen
  13. 13Novare HoldingsquietGrowth equity · South Africa1$150Mmedian roundSept 2025last seen
  14. 14Resolut GroupquietGrowth equity · South Africa1$100Mmedian roundMay 2018last seen
  15. 15Secha CapitalDeploying nowPrivate equity · South Africa1-median roundNov 2025last seen
  16. 16UW VenturesquietPrivate equity · South Africa1$4Mmedian roundOct 2024last seen
  17. 17VEA Capital PartnersquietPrivate equity · South Africa1-median roundAug 2025last seen
  18. 18iGrowDeploying nowGrowth equity · South Africa1$46Mmedian roundJun 2026last seen
  19. 19Treacle Private EquityquietPrivate equity · South Africa1$6Mmedian roundJul 2009last seen
  20. 2012CapeunknownPrivate equity · South Africanone observed-median round-last seen
  21. 21A1 Capital (Pty) LtdunknownPrivate equity · South Africanone observed-median round-last seen
  22. 22ACN CapitalunknownPrivate equity · South Africanone observed-median round-last seen
  23. 23AFRICAN PIONEER GROUPunknownPrivate equity · South Africanone observed-median round-last seen
  24. 24Adinah Capital PartnersunknownPrivate equity · South Africanone observed-median round-last seen
  25. 25Africa Infrastructure Investment ManagersunknownPrivate equity · South Africanone observed-median round-last seen
118 more on this list

All 143 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

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Quick answers about PE firms based in South Africa

Who are the most active PE firms based in South Africa?

By cheques observed, the most active are Hlayisani Capital, GLOBAL VENTURE CAPITAL, Convergence Partners, Sanari Capital and BMW.

How many PE firms based in South Africa are there?

143 are on record. 3% made an investment in the last 12 months and 3% have led a round.

Which stages do PE firms based in South Africa back?

Of the rounds with a named stage in the last 12 months, mostly Series B (50%) and Series A (33%).

How big are the rounds PE firms based in South Africa join?

The typical (median) round among the leading investors here is $40M.

Which sectors do PE firms based in South Africa back most?

In the last 12 months, mostly AI, Developer Tools and Fintech.

Which PE firms based in South Africa lead the most rounds?

Sanari Capital (4 led), Convergence Partners (1 led) and Novare Holdings (1 led).

What have PE firms based in South Africa invested in recently?

Recent rounds include Infisical (Series B, Oct 2026, with Pace Capital), Daytona (Series B, Oct 2026, with Pace Capital) and Yellow Card (Series C, Aug 2026, with Convergence Partners).

How is this list of PE firms based in South Africa ranked?

By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night.

Built from the rounds we watched, refreshed every night. How we count · Report a correction