Verod Capital Management

verod.com Direct + LP

Verod Capital Management is an African investment firm that provides growth equity capital to SMEs and mid-market companies, primarily in West Africa. It also manages a venture capital fund for tech startups across the continent.

Verod Capital Management is a private equity firm headquartered in Lagos, Nigeria, founded in 2008. It invests both directly in companies and in funds as a limited partner, at growth, in consumer Staples, consumer Discretionary, financials and materials. Its stated cheque size is US$15 million and US$30 million. $364m under management and 40 portfolio companies, as it reports.

“We provide growth equity capital and actively partner with companies throughout the entire deal life cycle, from sourcing to exit to maximise stakeholder value.”

— Verod Capital Management, own website

Layer

Direct + LP

Type

Private equity

Stage

Growth

Headquarters

Lagos, Nigeria

Invests in

Anglophone and Francophone West Africa, Nigeria, Ghana, Kenya, Côte d’Ivoire

Sectors

Consumer Staples, Consumer Discretionary, Financials, Materials, Industrials, Communication Services, Healthcare, Utilities, Energy

Cheque size

US$15 million and US$30 million

Founded

2008

Assets under management

$364m

Portfolio

40 companies