Sango Capital has acquired a majority of the Limited Partner (LP) interests in Synergy Private Equity Fund II L.P., strengthening its partnership with Synergy Managers (Mauritius) Limited, which remains the General Partner (GP). This follows Sango’s earlier acquisition of majority LP interests in another Synergy-managed fund, enabling deeper collaboration across both portfolios.
The secondary market in Africa remains underdeveloped, limiting exit options for LPs.