Rohan Dyer

Rohan Dyer is an investment professional at Ethos Private Equity, one of South Africa's oldest and largest private equity firms, headquartered in Johannesburg. He is publicly listed on LinkedIn under the title "Investment Professional," and his contact details use the Ethos corporate domain ([hidden]) and the firm's Johannesburg switchboard (+27 11 328 7400). Dyer became a public face for the firm during its ownership transition, acting as spokesperson in press coverage of the 2022–2023 acquisition of Ethos by the US-based emerging-markets manager The Rohatyn Group (TRG).

Ethos itself was established in 1984 and has completed more than 150 investments in South African and sub-Saharan African businesses over its history, primarily small- to mid-sized and mid- to large-cap companies. From 2016 the firm undertook a strategic transformation from what Dyer described as a "monoline private equity fund programme" into a diversified, multi-fund platform. In November 2022 The Rohatyn Group announced it would acquire the business, completing the deal on 3 April 2023, at which point Ethos became TRG's platform for African investment. Speaking to *Engineering News* in April 2023, Dyer said the closing marked "the beginning of an exciting new chapter for Ethos as we become part of TRG," positioning South Africa as a gateway to investment and growth across the continent.

That arrangement proved short-lived. In 2025 the local partners of the TRG Africa business bought the firm back from The Rohatyn Group, reverting to the Ethos Private Equity brand as US investors stepped back from African expansion. The firm's CEO is Stuart MacKenzie. Note that the "Angel Investors / Seed Round" descriptors in the original data stub do not match the firm's actual mandate: Ethos is a control-oriented private equity investor in established mid-market and larger companies, not an angel or seed-stage backer. Detailed personal biographical information for Dyer (education, prior employers, tenure) was not available from public, verifiable sources at the time of research and has been deliberately omitted rather than guessed.

• Invests through private equity funds (historically advising vehicles such as the ~R7.9 billion Ethos Fund VI), not angel or seed capital — targeting medium to large companies in South Africa and sub-Saharan Africa.
• Sector-agnostic control/growth equity: portfolio has spanned industrial services, logistics, automotive retail, branded consumer/promotional products and more.
• Framed by Dyer around giving international investors "access to one of the largest and fastest growing regions in the world," using South Africa as a gateway to the broader African continent.
• Post-2016 strategy emphasizes a diversified, multi-fund platform (private equity plus adjacent strategies) rather than a single fund line.
• Check sizes and precise mandate terms for Dyer's individual deals were not disclosed in public sources and are omitted here rather than estimated.