Ethos Fund VII

VINTAGE YEAR:
2018
CAPITAL RAISED:
Target: US$500 million
FUND STATUS:
Capital raising & currently investing

Ethos recently began capital raising for Ethos Fund VII, targeting a fund size of between US$500 million.  The Fund held its first close in October 2018 and has successful completed its first investment: Channel VAS.

The objective of Ethos Fund VII will be to invest in private companies with market-leading positions, an identifiable competitive advantage, strong cash flows and significant growth potential. Ethos Fund VII will target companies with an enterprise value of between US$100-500 million and would seek to invest between US$25-60 million in each opportunity. 

Continuing strategy evolution will see Ethos Fund VII focus on transactions across sub-Saharan Africa. The team is aiming to invest up to 50% of the Fund in companies based outside South Africa in the rest of the continent.

Channel VAS