Directory / Ethos Private Equity
Ethos Private Equity
Pioneering South African private equity manager investing in mid-market companies.
Key facts
- Website
- ethos.co.za
- Founded
- 1984
- Pricing
- Traditional closed-end fund model with management fee and carried interest
- Country
- South Africa
- Rating
- No reviews yet
About Ethos Private Equity
Ethos Private Equity, founded in 1984 and based in Johannesburg, is one of South Africa's pioneering private equity managers, targeting small- to mid-sized companies across financial services, food, healthcare, IT, mining services, transportation, and telecom. Its dedicated mid-market strategy, launched in 2016 as Ethos Mid Market Fund I with a R2.5 billion target, later spun out into an independent manager, Infinite Partners.
Key features
- Oldest private equity firm in South Africa
- Mid-market buyouts and mezzanine funds
- Listed permanent capital vehicle Ethos Capital
- Acquired by The Rohatyn Group in 2023
Pros & cons
Pros
- Longest operating track record in the region
- Multiple fund strategies (mezzanine, mid-market, AI fund)
- Now backed by global asset manager TRG
Cons
- Loss of independence after 2023 acquisition
- South Africa-centric economic exposure
Reviews
No reviews yet. Be the first to share your experience with Ethos Private Equity.
Frequently Asked Questions About Ethos Private Equity
What happened to Ethos's mid-market fund business?
Ethos's mid-market investment team spun out to form an independent private equity manager called Infinite Partners, which continues to manage Ethos Mid Market Fund I.
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