
Verod is active across various sectors, including but not limited to light manufacturing, consumer goods, business services, agriculture, education, healthcare and financial services. Verod seeks to partner with companies with proven business models and high market growth potential, led by motivated management teams, to build sustainable and responsible regional leaders in their respective industries.
Small Cap Deal of the Year
Outstanding First-Time GP
Exit of the year Large-cap (GZI)
A firm with a rich, long-standing entrepreneurial culture, Verod was founded in 2008 as an investment boutique operating out of West Africa. In its infancy, Verod raised capital on a deal-by-deal basis.
In 2014, in response to the growing opportunities in West Africa and conversely, the increased appetite of foreign institutional investors looking to expand into new markets, Verod transitioned into one of the truly indigenous Private Equity firms in West Africa. Following a successful capital raising drive in a particularly challenging macroclimate in Nigeria and West Africa as a whole, the firm exceeded its original target fund size, and Verod Capital Growth Fund II launched as the largest first time fund in Nigeria’s history.
Verod is backed by a rich blend of mainly foreign and institutional investors including pension funds, sovereign wealth funds, insurance companies, asset management firms, fund of funds, family offices and development finance institutions (with extensive experience supporting Fund Managers across emerging markets).