Reuters - Ethos Private Equity Raises $800M for New Fund

South Africa's Ethos Private Equity has raised $800 million for a new fund that will look for opportunities in the continent's biggest economy and its fast-growing neighbors in one of the largest amounts secured by an Africa-focused fund. Ethos, one of South Africa's top private equity firms, said it had beaten an initial target of $750 million, underscoring foreign investors' desire to gain exposure to sub-Saharan Africa through its most developed economy, Reuters wrote.

23 January 2013•3 mins read
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