STANLIB Asset Management has announced the first close of its Khanyisa Energy Transition Fund with R5 billion raised to date to support investment in South Africas energy transition. The asset manager says the fund aims to mobilise capital from long-term investors to help finance the countrys just energy transition ambitions.
According to STANLIB, the fund was launched in November 2023 with seed funding commitments from Standard Bank and Liberty. The first close was recorded in December 2025 with the capital already deployed across 14 operating assets in the Renewable Energy Independent Power Producer Programme.
Johan Marnewick , Head of Fixed Income Private Markets at STANLIB Asset Management and portfolio manager of the fund, said the vehicle provides exposure to mature, cash-generating assets.
