Fund vehicle

Lightrock Africa Fund II

Compiled from public sources

Lightrock Africa Fund II (LRAF II) is a growth equity vehicle managed by Lightrock, a global sustainable investment platform. The fund is designed to bridge the undercapitalised investment gap in Africa, targeting companies that have matured beyond the early venture stage but are not yet large enough for traditional large-cap private equity. The fund actively pursues significant minority stakes, typically combined with board representation, to drive active governance and operational value creation.

Manager
Lightrock LLP
Vintage
2026
Strategy
Private Equity
Target size
$200m
Status
Active

Disclosed limited partners

Sources

  1. Partner Researchers, accessed 14 November 2026