Ethos has played a pioneering role in the introduction of meaningful black ownership in our portfolio companies. We have significant depth of experience and expertise in structuring and creating value from such transactions.
Ethos is proud of the role it plays in South Africa, enabling significant direct black ownership participation while delivering quality skills transfer to the empowerment groups we have partnered.
The significant transfer of business skills that has taken place over the course of our participation in BEE transactions is evidenced by companies where our black empowerment partners have advanced to become established business owners in their own right.
Seeking empowerment opportunities
BEE transactions support the national priority of promoting black ownership. Ethos has an ongoing policy of proactively seeking investment opportunities involving sustainable material black ownership and participation.
14 of Ethos’ 19 BEE investments have been realised, generating superior returns for our investors and our BEE partners alike.
Landmark empowerment transactions
Since 1992, BEE transactions have accounted for approximately 45% of Ethos' investments.
Enterprise Development
Ethos is proud of its role in the establishment of Sphere Private Equity who has become an important Black-owned private equity firm in South Africa. Ethos’ relationship with Sphere includes representation on the Sphere Private Equity board of directors and Sphere Fund I investment committee. For more information on Sphere, please visit their website on www.sphereholdings.co.za
B-BBEE Verification
We are pleased to advise that Ethos has a Level 4 rating (100% recognition level), valid until March 2012, based on the Broad-Based BEE Codes of Good Practice. Should you require any additional information regarding our rating please contact fmannix@ethos.co.za.
Ethos Private Equity Limited is licensed as an authorised financial services provider under the jurisdiction of the Financial Services Board of South Africa in terms of the Financial Advisory and Intermediary Services Act, 2002 (Act No. 37 of 2002). License number 9254.