Ethos Capital

Investment decisions are led by co-founders Erik Brooks and Fadi Chehadé alongside Managing Partner Brent Stone. The firm operates a large, multi-disciplinary partnership group of over 25 partners, operating partners, and senior advisors that participates in every aspect of the due diligence process and brings sector-specific operating expertise to portfolio companies.

Ethos targets seasoned information service companies with proven business models that are ready for accelerated growth. It invests across four sectors: digital platforms, insurance and financial services, supply chain and logistics, and human capital. The firm's portfolio includes domain registry Identity Digital, project information management software provider Newforma, and insurance brokerage BroadStreet Partners.

Ethos pursues privately negotiated majority and control minority investments, primarily in North America and Europe. It is not a passive minority investor — the firm applies operating resources and new technology to accelerate growth at its portfolio companies. The firm closed its acquisition of BroadStreet Partners in mid-2025, showing continued activity in insurance services.

Ethos Capital is a private equity firm, not a family office. The firm raises capital from external limited partners to invest through its dedicated fund. Partners also make personal capital investments as part of their commitment to the firm.

Identity Digital is the renamed entity formed in June 2022 after Ethos Capital led a majority acquisition of Donuts Inc. and facilitated its merger with Afilias. It operates the world's largest portfolio of top-level domains, managing approximately 26 million domain names, and represents Ethos's largest disclosed internet-infrastructure holding.