Ethos sees rich South Africans making big return to private equity
Alternative investment manager says business and economic sentiment lifted by government of national unity and halt in load-shedding
04 October 2024 - 05:00
Private equity firm Ethos Capital expects the latest market optimism and brighter economic prospects to see SA’s wealthy individuals spending big in the hunt for good deals in the private equity market, and for foreign capital to return to the market.
Anthonie de Beer, the CEO of Ethos Capital, said the stage had been set for the sector to enjoy inflows and a ramp up in deal making. The suspension of load-shedding since March and the establishment of a government of national unity after the May elections had sparked renewed optimism for economic reform and growth, she said...
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