Ascension Capital Partners

About Us

Ascension Capital Partners, or Ascension, is a majority black owned private equity fund manager, with a unique value proposition and competitive advantage which includes unique proprietary deal flow by virtue of our broad network, in addition to the transaction experience of the founding shareholders and directors of Ascension.

We have an excellent network and extensive private equity experience which we have combined to ensure we provide significant value to our stakeholders and investment opportunities we participate in.

What sets us apart

Differentiated investment strategy.

We aim to deploy capital into mid size enterprises operating successfully within the various sectors of the economy including manufacturing, logistics, healthcare, industrial, technology, financial services, FMCG and food-related activities in South Africa. We will invest in scalable businesses with strong management teams, which have proven credentials and are able to evidence strong historical performance that are sustainable. We believe in partnering with management and working towards a common goal.


Our investment strategy as set out below is unique, transparent, focused, consistent and aligned to satisfy the needs of all our key stakeholders:

  • Access to unique proprietary deal flow: We have the ability to access unique investment opportunities outside the mainstream. Through our experience and key partners we have direct access to investment opportunities within the mid-market and private space;
  • BBBEE status: Our investee companies benefit from our Black fund manager status;
  • Execution capability: We are uniquely placed to leverage off the execution capability of our experienced team thereby allowing us to successfully invest and conclude transactions;
  • Active value adding investment strategy throughout the investment period: Through our extensive networks and key partners we have the ability to add significant value to portfolio companies through introductions and facilitation of organic growth opportunities or value adding corporate actions. We contribute to portfolio companies strategies through serving on their Boards and enhancing value through implementing ESG and other strategic initiatives;
  • Facilitating exits to maximise value: Exits need to be well timed and facilitated to ensure value is maximized for investors. Exits are front of mind, and considered at inception as part of the investment process; and
  • Geographic focus: The fund invests in South Africa. We have the ability to make follow-on investments in portfolio companies looking to expand in the Sub-Saharan African region (limited up to 20% of the Total Commitments).