Ethos Private Equity

Ethos Private Equity

Investment firm managing private equity and credit strategies in South Africa and selectively in sub-Saharan Africa. Acquired by TRG Management LP in 2023.

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Ethos is widely considered to be the most experienced and successful private equity investment team in South Africa.

Founded in 1984, Ethos pioneered South African private equity, concluding the first private equity-led acquisitions in the country.

In 2016, Ethos transitioned into a broader investment firm, managing investments in private equity and credit strategies in South Africa and selectively in sub-Saharan Africa. Furthermore, Ethos also launch Ethos Capital, an investment vehicle listed on the JSE, designed to offer investors long-term capital appreciation by investing in a diversified portfolio of unlisted investments managed by Ethos Private Equity, the largest private equity firm in sub-Saharan Africa.

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