Ethos Capital’s objectives were achieved through the following investment strategies:
-
Primary Investments:
Commitments to various Ethos funds during their respective fundraising processes;
-
Secondary Investments:
Acquisitions (of existing Limited Partner interests in established Ethos Funds);
-
Direct / Co-Investments:
Direct acquisitions of interests in underlying Portfolio Companies alongside Ethos Funds to the extent that the Ethos Funds required co-investors in the underlying Portfolio Companies;
-
Temporary Investments:
Temporary investments in a portfolio of low-risk, liquid debt instruments (including, inter alia, South African government bonds, NCDs and other similar, low-risk, liquid instruments) for cash management purposes, as appropriate.
