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Private equity firms in NA - South Africa

Source: FundingWatcher. Data as of 4 September 2026.

81
Private equity firms in NA - South Africa
81
Rows shown
8
Stages recorded
2
Other types here
81 rows
# Name Location Investments Lead Exits People
1 LeapFrog Investments Johannesburg, South Africa 66 36 12 27
2 Convergence Partners Johannesburg, South Africa 47 16 10 10
3 African Infrastructure Investment Managers Cape Town, South Africa 38 11 3 33
4 Vantage Capital Johannesburg, South Africa 37 32 12 11
5 RMB Corvest Gauteng, South Africa 29 13 8 1
6 Inspired Evolution Investment Management Cape Town, South Africa 28 11 3 13
7 African Rainbow Capital Gauteng, South Africa 27 15 6 0
8 Ethos Private Equity Johannesburg, South Africa 27 11 12 1
9 Makalani Management Johannesburg, South Africa 25 0 12 2
10 Metier Private Equity Gauteng, South Africa 24 8 5 0
11 Phatisa Bryanston, South Africa 20 12 7 10
12 Norrsken22 Cape Town, South Africa 20 9 1 7
13 Fireball Capital Cape Town, South Africa 20 1 1 1
14 Ata Capital Sandown, South Africa 19 1 4 1
15 Value Capital Partners Johannesburg, South Africa 19 1 14 9
16 UW Ventures Johannesburg, South Africa 18 6 0 0
17 Alphawave Group Stellenbosch, South Africa 17 9 3 4
18 Mineworkers Investment Johannesburg, South Africa 15 9 6 8
19 Hlayisani Capital Stellenbosch, South Africa 14 9 0 1
20 Global Capital (Pty) Ltd. Johannesburg, South Africa 14 8 3 0
21 Zebu Investment Partners Johannesburg, South Africa 14 2 0 3
22 Musa Capital Johannesburg, South Africa 12 12 4 0
23 Senatla Capital Gauteng, South Africa 12 7 5 0
24 Old Mutual Investment Group Cape Town, South Africa 12 5 8 85
25 Business Partners International Johannesburg, South Africa 10 6 0 77
26 Secha Capital Partners Johannesburg, South Africa 9 7 0 14
27 Tana Africa Capital Johannesburg, South Africa 9 6 0 2
28 EXEO Capital Cape Town, South Africa 9 1 0 8
29 SAAD Investment Holdings Cape Town, South Africa 8 8 0 5
30 Treacle Private Equity Johannesburg, South Africa 8 8 3 0
31 imbewu Capital Partners Durban, South Africa 8 7 4 3
32 Venture Capital Studio Cape Town, South Africa 8 7 1 0
33 SPEAR Capital Cape Town, South Africa 8 4 0 3
34 Agile Capital Johannesburg, South Africa 7 4 1 2
35 Lireas Holdings Johannesburg, South Africa 7 1 0 2
36 Adinah Capital Partners Johannesburg, South Africa 6 5 0 1
37 CapitalWorks Sandown, South Africa 6 4 2 10
38 Kagiso Capital Johannesburg, South Africa 6 4 0 3
39 WDB Investment Holdings Johannesburg, South Africa 6 3 3 1
40 African Equity Empowerment Investments (AEEI) Cape Town, South Africa 6 2 3 0
41 Harith General Partners Sandown, South Africa 5 3 0 2
42 Buffet Investments Johannesburg, South Africa 5 1 0 0
43 NuState Capital Johannesburg, South Africa 5 1 0 0
44 Trinitas Private Equity Johannesburg, South Africa 5 1 1 1
45 Sanlam Private Equity Cape Town, South Africa 4 2 1 0
46 Sakhumnotho Group Johannesburg, South Africa 4 1 1 3
47 Umoya Capital Partners Gauteng, South Africa 4 1 0 0
48 i-Cubed Capital Johannesburg, South Africa 4 0 0 1
49 Sango Capital Johannesburg, South Africa 4 0 0 10
50 Athena Capital (South Africa) Cape Town, South Africa 3 2 2 2
51 Westbrooke Alternative Asset Management Johannesburg, South Africa 3 2 1 11
52 Nedbank CIB Private Equity Sandown, South Africa 3 1 2 0
53 Salt Capital Gauteng, South Africa 3 1 0 4
54 Vuna Partners Gauteng, South Africa 3 1 0 4
55 Mergence Investment Managers Cape Town, South Africa 2 2 0 0
56 Tamela Holdings Bryanston, South Africa 2 2 1 0
57 IMFEZEKO INVESTMENT HOLDINGS Johannesburg, South Africa 2 1 0 0
58 Uqalo Cape Town, South Africa 2 1 0 0
59 Beryl Group Sandown, South Africa 2 0 0 0
60 Goneke Investment Group Johannesburg, South Africa 2 0 0 0
61 Halls Investments Bryanston, South Africa 2 0 0 0
62 Mast Capital Bryanston, South Africa 2 0 0 0
63 Caleo Private Equity Johannesburg, South Africa 1 1 0 0
64 HL Hall and Sons Holdings Nelspruit, South Africa 1 1 0 0
65 Infinitus Cape Town, South Africa 1 1 0 0
66 TRT Investments Midrand, South Africa 1 1 0 0
67 Stellar Capital Partners Cape Town, South Africa 1 0 0 0
68 Vuwa Investments Johannesburg, South Africa 1 0 1 0
69 ASOCapital Cape Town, South Africa 0 0 0 0
70 Blank Canvas Capital Johannesburg, South Africa 0 0 0 0
71 Capital Sense Holdings Johannesburg, South Africa 0 0 0 0
72 Excellerate Gauteng, South Africa 0 0 0 0
73 Grindrod Private Equity Durban, South Africa 0 0 0 0
74 LinkMakers Capital Johannesburg, South Africa 0 0 0 0
75 Mahlako Financial Services Johannesburg, South Africa 0 0 0 0
76 Pax SA Sandown, South Africa 0 0 0 0
77 Preminent Investments Cape Town, South Africa 0 0 0 0
78 Savvy Venture Partners Johannesburg, South Africa 0 0 0 0
79 TriVest Johannesburg, South Africa 0 0 0 0
80 Twofold Capital Cape Town, South Africa 0 0 0 0
81 Whelan Locke Pretoria, South Africa 0 0 0 0

Table 1. Private equity firms in NA - South Africa, by recorded investments. Source: FundingWatcher. Data as of 4 September 2026. Base: 81.

Investment stages

Among these 81
Private equity investors67 Early stage investors19 Venture investors15 Seed investors8 Late stage investors7 Debt investors6 Post IPO investors4 Convertible note investors2

Other investors in NA - South Africa

Venture capital firms84 Angel investors43

Private equity firms elsewhere

New York967 California771 England544 Texas351 Beijing264 Illinois255 Florida225 Ile-de-France213 Massachusetts207 Shanghai202 Central Region173 Ontario165 Connecticut158 Hong Kong Island158 Seoul-t'ukpyolsi143 Guangdong134 Maharashtra114 Pennsylvania101 Colorado89 New South Wales83 Noord-Holland81 Bayern80 Georgia80 Dubai74
Cite: FundingWatcher, 81 private equity firms in NA - South Africa, 4 September 2026. https://fundingwatcher.com/investors/private-equity-firms/na---south-africa-south-africa/