Rohatyn Group, US-based specialised asset management firm, finally acquired South Africa’s Ethos Private Equity in an undisclosed deal. With this acquisition, the company will now manage assets totalling over $8 billion.
The acquisition forms part Rohatyn’s expansion plans into the African continent as the firm’s core operations focuses on providing investment solutions in emerging markets and real assets.
According to Nicolas Rohatyn, founder and CEO of Rohatyn Group, the completion of the deal marks his company’s official expansion into Africa.
“Together, with unmatched local knowledge and a skilled global team of investors, we’ll unlock significant opportunities to drive further growth across the continent’s private markets, real assets, and public markets,”
Stuart MacKenzie, Ethos CEO, said with the Rohatyn Group’s resources at hand, the company has become better positioned to drive investment across the continent.
Rohatyn has presence across 17 cities globally, including London, Cairo, and Mexico, among others. So far the company has invested in 40 countries.
The firm was founded two decades ago by Nicolas Rohatyn, and grew into the firm that now manages over $6 billion in assets.
Rohatyn is made up of three business units, with the Private Markets division making up 46% of its assets under management (AuM). The Public Markets unit contributes 25% of its funds, while its Forestry & Agriculture units makes up 29% of AuM.
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