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Infinite Partners closes R2.8 billion second fund for South African mid-market firms
South African private equity firm Infinite Partners has closed its second fund at R2.8 billion, above its R2.5 billion target, to back established mid-market businesses.
By Propel Africa · 2026-10-14
Infinite Partners, a South African mid-market private equity firm, has reached a final close of R2.8 billion for its Core Equity Fund II, above its R2.5 billion target. TechCabal put the total at about $169.3 million.
The fund's investors are all South African institutions, including pension funds, insurers, asset managers and banks, according to TechFinancials. Infinite Partners provides growth and replacement capital to established mid-market businesses, with typical investments of R100 million to R500 million.
Its portfolio includes e4, an enterprise software business serving the banking and property sectors, and CYNK, which builds and owns fibre infrastructure mainly serving townships and now reaches more than 667,000 households.
The firm was founded in 2022 by Edward Pitsi, its chief executive, with Titi Sekhukhune, Tabane Matheolane and Naomi Nethengwe. It is founder-owned and majority owned by Black women. The close was announced in early October.