Ethos Capital will obtain exposure to a diversified pool of unlisted assets. This exposure will be achieved through the following investment strategies, which are the primary lines of business of Ethos Capital:
- Primary Investments: consisting of commitments to various Ethos Funds (whether directly or through other intermediate holding entities) during their respective fund-raising processes;
- Secondary Investments: acquisitions (whether directly or through other intermediate holding entities) of existing Limited Partner interests in various Ethos Funds;
- Direct Investments: acquisitions of interests in underlying investee companies from Ethos Funds and/or acquisitions of interests in underlying investee companies (whether directly or through other intermediate holding entities) alongside Ethos Funds to the extent that the Ethos Funds require co-investors in the underlying investee companies; and
- Temporary Investments: Ethos Capital will also make temporary investments in a portfolio of low-risk, liquid debt instruments (including, inter alia, South African government bonds and other similar, low-risk, liquid instruments) for cash management purposes, as appropriate.
Download Ethos Capital’s Investment Strategy here: Ethos Capital Investment strategy