Rockwood Private Equity News

Ethos Private Equity

Ethos Private Equity looks north to the rest of Sub-Saharan Africa as private equity shifts focus

Ethos Private Equity said it may conclude its first pan-African transaction by the end of the first quarter as South African buyout firms look for growth north of the country’s borders.

The Carlyle Group, the world’s second-largest manager of alternative investments, invested $147 million for an 18 percent stake in Nigeria's Diamond Bank.

South Africa losing buyout allure to fast-growing Sub-Saharan African rivals

South Africa is no longer the destination of choice for private equity investors seeking to tap returns on the continent.