Infra Impact Investment Managers (“Infra Impact”), a South African private markets investment firm, is thrilled to announce the launch of the Infra Impact Mid-Market Infrastructure Fund 1 (“the Fund”).
This milestone marks a significant moment for Infra Impact as the Fund continues to provide growth capital for mid-market infrastructure businesses focusing on South Africa.
Investing in Mid-Market Infrastructure Businesses in South Africa
These businesses possess real assets that offer essential services and hold tremendous value-creation potential.
The Fund aligns itself with organizations operating in sectors such as water, waste, energy, telecommunications, and related industries, following the successful mid-market, value-add infrastructure strategy that the team has historically employed.
Driving Positive Impact
Beyond delivering superior risk-adjusted returns, the Fund’s impact investment outcomes include job creation and addressing the UN Sustainable Development Goals (SDGs).
These objectives involve reducing CO2 emissions, increasing access to clean water and sanitation, promoting green energy solutions, and expanding access to telecommunications services.
Mark van Wyk, co-founder, and co-managing partner expressed his gratitude, saying, “Clients have entrusted us with over ZAR 2 billion in commitments, enabling us to actively contribute to the development of our country and uplift communities.
With the Fund, we aim to maintain our track record of delivering strong investor returns while generating positive outcomes for people and the planet.
Investing in infrastructure plays a crucial role in fostering economic growth, creating jobs, and improving the overall quality of life in our communities.
We are deeply pleased with the strong support from our investors, who share our vision of universal access to sustainable and reliable infrastructure services. Together, we will build a better future for South Africa.”
The investor group comprises a well-diversified array of fourteen prominent limited partners, including local funds, university foundations, insurers, banks, pension funds, and an esteemed international development finance institution.
Gratitude from Co-Founders
Morné Edas, co-founder, and co-managing partner expressed his gratitude, stating, “We are thrilled to have surpassed our initial fundraising target of ZAR 1.5 billion with overwhelming commitments and support from our esteemed limited partners.
This exceptional achievement, especially in a challenging fundraising environment, is a testament to our remarkable team, track record, and the unwavering trust our clients have placed in us to execute our mandate.”
The Fund’s successful fundraising firmly establishes Infra Impact as a significant player in South Africa’s mid-market infrastructure investment landscape.
The Fund has already allocated nearly ZAR 300 million across four strategic investments: Eagle Towers, Cybersmart, Maru Towers, and Rhino Energy.
Morné Edas concluded, “While the drivers of change in the South African infrastructure sector remain complex, Infra Impact possesses the sector specialism to navigate this landscape. Combined with our differentiated strategy, we are well-positioned to develop and maximize the growing interest in the infrastructure sector.”
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