Andile Ngcaba’s Convergence Partners latest fund proves attractive

Andile Ngcaba’s Convergence Partners latest fund proves attractive

The $250 million vehicle is attracting renewed interest from European players, as evidenced by the recent interest of the FMO. 

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            ▪ Andile Ngcaba’s Convergence Partners latest fund proves attractive

▪ The $250 million vehicle is attracting renewed interest from European players, as evidenced by the recent interest of the FMO. 

https://www.africabusinessplus.com/en/810126/andile-ngcabas-convergence-partners-latest-fund-proves-attractive/

The DFI circuit continues, and institutional interest in Convergence Partners Digital Fund III is confirmed. The third vehicle of the South African private equity firm Convergence Partners continues to attract commitments, with the latest coming from the FMO. This donor is one of the most significant contributors so far, with an allocation of $30 million.

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