S. African PE Firm Ethos Secures $800M For 6th Fund

Law360, New York (January 23, 2013, 2:40 PM EST) -- Ethos Private Equity Ltd. has closed its sixth fund with more than $800 million in capital commitments from investors across four continents, exceeding its fundraising target of $750 million, the South Africa-based private equity firm said Wednesday.

Ethos received commitments from both existing and new institutional customers, expanding its investor base geographically and by investor type. Ethos received investments from corporate pension funds, sovereign wealth funds, funds of funds and other institutional investors.

Roughly 60 percent of the fund's investors had previously invested in Ethos private...
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