Ninety One enlists Ethos' help to navigate private equity market in the rest of Africa
Ninety One launched its SA Recovery Fund in association with Ethos Private Equity in June. Photo: Getty Images Private equity firm Ethos has been awarded a contract to manage Ninety One’s private equity funds which have assets all the way to the north of the continent, in countries like Morocco and Egypt. Ethos will take on an advisory contract for Ninety One’s Africa Private Equity Fund I and Fund II, effective on 15 December 2020. Ninety One said it will maintain control and oversight of the portfolio, while Ethos takes over day to day management of the assets. The t...
Source: news24.com