Public access to private equity

RMB, in partnership with Ethos Capital, brought private equity to the JSE.

Building on a long-standing relationship with Ethos Capital, South Africa’s leading private equity firm, Rand Merchant Bank acted as sole financial adviser, global co-ordinator, bookrunner and sponsor to Ethos Capital on its IPO on the JSE. The transaction provides investors with the opportunity to obtain a listed exposure to private equity while giving Ethos Capital access to a source of permanent capital.