PROJECT

Projects

Summary of Investment Information

Project Number

51181

Company Name

Summit Private Equity Fund II

Date SPI Disclosed

Apr 29, 2025

Country

South Africa

Region

Africa

Projected Board Date

May 29, 2025

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Feb 5, 2026

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : Jul 16, 2025
Signed : Oct 15, 2025
Invested : Jan 30, 2026

Sector

Growth Equity Fund

Project Description

 The proposed project is for IFC to commit up to US$20 million in Summit Private Equity Fund II (the Fund), not to exceed 20% of total commitments and a co-investment envelope of US$5 million. The Fund is a South African generalist growth equity fund targeting to invest in small to mid-market (SME) segments with emphasis on non-discretionary services in sectors with proven and persistent structural undersupply.

Associated Advisory Engagement

 There are no advisory services associated with this engagement.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation