Financing: Convergence Partners

Contact details

Address: 33 Fricker Road, Illovo, Johannesburg, 2196
Telephone: 011 550-5320
Fax: 011 550-5321
E-mail: investment@convergencepartners.co.za
Website: www.convergencepartners.co.za

Funds details:

Convergence Partners Investments (fund 1)
Nature of fund: TMT investments in Africa
Size of fund: R500
Funds invested to date at cost: Not disclosed
Current portfolio size: Not disclosed
Total number of private equity/ venture capital investments made
to date: 16

Investment Preferences

Minimum investment: No minimum
Maximum investment: No maximum
Willing to syndicate: Yes
Average current investment size: Not disclosed
Industry Preferences: Telecoms, media, technology
Industry excluded: Non-TMT
Stage of investment: All
All stages except: Seed capital, start-up VC
Minimum and Maximum equity usually taken: 20%-49%
Geographical Preferences: Africa
Contacts: Idan Segal