Business · Companies · 8 hrs ago
Infinite Partners raises $169.3 million for South African growth businesses
Infinite Partners, a South African private equity firm, has raised R2.8 billion, or $169.3 million, for its second fund.
The fund exceeded its R2.5 billion target and is backed entirely by South African institutional investors.
It will invest R100 million to R500 million in established mid-sized businesses with growth potential.
Infinite Partners is not a technology-only investor, but it looks at how technology can help businesses grow, work more efficiently and reach more people.
Its first investments are e4, which provides software for banking and property transactions, and CYNK, which builds and owns fibre networks.
The firm says e4’s technology has cut the home-buying process from 96 days to about 40, while CYNK’s network reaches more than 667,000 South African households.
Infinite Partners is also exploring investments in business services, education, alternative lending and software, and says it may support international expansion where appropriate.
Infinite Partners has raised R2.8 billion ($169.3 million) for its second fund to invest in established South African mid-market businesses.
The fund closed above its R2.5 billion ($151.1 million) target and is backed entirely by South African institutional investors.
Individual investments are expected to range from R100 million ($6 million) to R500 million ($30.2 million).
The firm is a generalist investor, not a dedicated technology fund, and looks for businesses with growth potential, including those using technology to expand.
Its first two investments are enterprise software company e4 and digital infrastructure business CYNK.
- Who
- Infinite Partners, a South African mid-market private equity investment firm.
- What
- It raised R2.8 billion ($169.3 million) for its Core Equity Fund II to invest in established businesses.
- When
- The fund raise was reported on October 12, 2026. The close date is not stated.
- Where
- South Africa.
- Why
- To back established mid-market businesses with growth potential, including companies using technology to expand markets and scale.
This story does not have two clearly opposing sides.
Our Infinite Deal investment philosophy has remained the same from day one. We focus on backing quality businesses with identifiable tailwinds, and potential to create sustainable value over time.
We are a generalist South African mid-market investor, and we have certain restrictions on committing too much capital to any particular sector.
Leveraged correctly, technology can have a multiplier effect,
From a CYNK perspective, we are seeing technology bridge the digital divide and provide much-needed access to connectivity for the lower LSM,
This story does not have a timeline yet.
- Fund raised
- R2.8 billion ($169.3 million)
- Fund target
- R2.5 billion ($151.1 million)
- Investors
- South African institutional investors
- Investment range
- R100 million ($6 million) to R500 million ($30.2 million)
- First investments
- e4 and CYNK
Sources
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