What we do

LONG-TERM CAPITAL APPRECIATION

Ethos Capital’s objective is to offer investors superior long-term returns from a diversified portfolio of unlisted investments.  These assets were managed by Ethos Private Equity until 1 April 2023, when it was acquired by The Rohatyn Group (TRG), a global asset management firm focusing on emerging markets and real assets.

The opportunity to invest into funds managed by Ethos (now combined with TRG) and co-invest alongside these funds through a vehicle listed on the JSE and governed by an independent Board of experienced private equity Non-executive Directors is unique.

Ethos Capital provides public-market investors with a liquid vehicle to indirectly access a diversified pool of unlisted small- to mid-sized companies through equity or equity-like instruments, which is actively managed by Ethos (now combined with TRG) to optimise investor returns.

The Board has an extensive understanding of, and a long track record in, the private equity industry and leverages this experience in order to make optimal investment decisions for Ethos Capital.

Ethos Capital conducts its business operations from Mauritius because of the business-friendly environment, the spread of tax treaties that Mauritius has with many, but not all, of the jurisdictions that Ethos Capital invests in. This, combined with the fee model, which is structured to ensure that there are no “fees on fees” and which achieves an alignment of interests between the Advisor and Shareholders, gives structural efficiency to Ethos Capital and ensures that it is fiscally transparent.

Ethos Capital actively manages liquidity in the best interests of its Shareholders. The Board is committed to strategies to enhance the NAV per A Ordinary Share, which includes the potential repurchase of A Ordinary Shares.  Any repurchase strategy implemented by the Board takes into account Ethos Capital’s liquidity requirements and its fund commitments.