Ethos Private Equity acquired by New York-based Asset Manager.

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A formal agreement has been reached for Ethos Private Equity to be acquired by The Rohatyn Group “TRG”. A specialist global asset management company focused on investment solutions in developing economies and real assets (“Ethos”).

As the African division of TRG, one of the biggest alternative asset management companies in emerging countries, this purchase offers a compelling chance to pursue the next phase of expansion.

During the sale process, Lazard Ltd. became TRG’s adviser and helped TRG with its  completion.

Bloomberg.

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