VEROD CAPITAL MANAGEMENT LIMITED
VEROD CAPITAL MANAGEMENT LIMITED is a Series C+, buyout and growth-equity fund in west-africa, nigeria, ghana, kenya and cote-divoire writing $10M–$30M checks into Fintech, Healthcare, consumer-goods, technology, agribusiness, education, light-manufacturing, solar-energy, apparel, logistics, mobility, pharmacy, packaging and manufacturing.
- Stages
- Series C+, buyout, growth-equity
- Sectors
- Fintech, Healthcare, consumer-goods, technology, agribusiness, education, light-manufacturing, solar-energy, apparel, logistics, mobility, pharmacy, packaging, manufacturing
- Check size
- $10M–$30M
- Invests in
- west-africa, nigeria, ghana, kenya, cote-divoire
- Actively investing
- Yes
- Founded
- 2008
- Assets under management
- $364M - $1B
- Website
- verodcapital.com
Thesis
Verod Capital Management is a private equity firm founded in 2008, with a strong focus on West Africa, particularly Nigeria and Ghana. They target growth equity and buyout transactions in the lower mid-market, avoiding early-stage venture capital. Verod prefers companies with established revenue, operational cash flow, and scalable distribution. Their investment strategy is sector-agnostic but strictly local, with key sectors including financial services, consumer goods, technology, healthcare, agribusiness, education, and light manufacturing. Verod employs a direct investment model, taking majority or significant minority stakes and actively creating value through operational partners. They are committed to sustainability and impact investing, aligning with UN Sustainable Development Goals and being a signatory to UN PRI and achieving 2X Certified status. The firm's AUM is estimated between $500 million and $1 billion, with typical check sizes ranging from $10 million to $30 million.
Common questions
Does VEROD CAPITAL MANAGEMENT LIMITED invest at the Series C+ stage?
Yes. VEROD CAPITAL MANAGEMENT LIMITED lists Series C+, buyout and growth-equity among the stages it invests in.
What check size does VEROD CAPITAL MANAGEMENT LIMITED write?
VEROD CAPITAL MANAGEMENT LIMITED writes $10M–$30M checks.
Where does VEROD CAPITAL MANAGEMENT LIMITED invest?
VEROD CAPITAL MANAGEMENT LIMITED invests in west-africa, nigeria, ghana, kenya and cote-divoire.