Ascension Capital Partners
ascensioncapital.co.za Direct investor
Ascension Capital Partners is a majority black-owned private equity fund manager based in South Africa. It invests in mid-market businesses through Ascension Private Equity Fund I and previously through deal-by-deal funds.
Ascension Capital Partners is a private equity firm headquartered in South Africa, founded in 2018. It invests directly in companies, from growth to buyout, in food security, healthcare, financial inclusion and energy. Its stated cheque size is between R80 million and R120 million. C. R1.2 billion (Enterprise Value) under management, as it reports.
“We look to invest in high growth businesses which serve or enhance basic human needs (such as food security, healthcare, financial inclusion, energy, water and sanitation) with a strong emphasis on technology.”
— Ascension Capital Partners, own website
- Layer
- Direct investor
- Type
- Private equity
- Headquarters
- South Africa
- Invests in
- ZA, Sub-Saharan Africa
- Sectors
- food security, healthcare, financial inclusion, energy, water and sanitation, technology, manufacturing, logistics
- Cheque size
- between R80 million and R120 million
- Founded
- 2018
- Assets under management
- c. R1.2 billion (Enterprise Value)
- How to reach it
- Its contact page on its own site
Team, as Ascension Capital Partners publishes it
- Kabelo Senoelo team member
- Naairah Motala Chief Operating Officer and Director
- Tinyiko Ngwenya team member
- Shereen Mbele Junior Analyst
Names and roles exactly as listed on ascensioncapital.co.za. Nothing else about these people is recorded.
Most shared portfolio companies with
Derived from portfolio pages both investors publish themselves: each pair below lists at least one company in common. 4 investors with a shared portfolio company. A shared company is not proof they invested together in the same round.
- ALT Capital Partners 1 shared company: savca.co.za
- Ata Capital 1 shared company: savca.co.za
- Phatisa 1 shared company: savca.co.za
- Apex Partners Holdings 1 shared company: draglobal.com
Where this comes from
Every fact above was read from a page Ascension Capital Partners publishes itself. Nothing is taken from third-party databases. Investment activity (deals, co-investors) is not yet recorded.
- https://www.ascensioncapital.co.za/name, sectors, thesis_quote, approach_url
- https://www.ascensioncapital.co.za/who-we-are/is_investor, type, hq_country, invests_in_geographies, description
- https://www.ascensioncapital.co.za/ascension-private-equity-fund-i/layer, stage_min, stage_max, cheque_size
- https://www.ascensioncapital.co.za/historic-portfolio/founded, aum, status
- https://www.ascensioncapital.co.za/meet-the-team/people
Record 21115 · added 2026-11-10 · link last verified 2026-11-10 · confidence high
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