Private EquityRIA · CRD 305100SEC-RegisteredPrivate Fund Adviser

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Verod Capital Management

Verod Capital Management is a private equity firm based in Ikoyi, Lagos, founded 2003; the Altss profile covers its classification, headquarters, registration,...

Verod Capital Management

Verod Capital Management Limited is an SEC-registered investment adviser established in 2019 in Ikoyi, Lagos. It has been registered since then.

General information

Firm type

Private Equity Firm

Year founded

2003

Location

Region

Africa

Country

Nigeria

City

Ikoyi, Lagos

Corporate office

Lagos, Nigeria

Additional offices

Accra, Ghana

Principals

Daniel Adeoye

Partner

Adekunle A. Oshin

Partner

Tomi Oshin

Partner

Sector focus

Financial ServicesConsumerTechnologyHealthcareAgriBusiness

Frequently asked questions

Who runs investment decisions at Verod Capital Management?

Daniel Adeoye serves as Managing Partner and leads investment decisions, alongside partners Adekunle A. Oshin and Tomi Oshin. The firm operates with a hands-on partnership model, with principals taking board seats in portfolio companies.

How does Verod source proprietary deal flow in West Africa?

Verod relies on its long-standing network in Nigeria and Ghana, built over two decades. The firm sources deals through direct relationships with founders, industry executives, and advisory board members, leveraging its local presence rather than a purely intermediary-driven model.

What investment stages and structures does Verod typically use?

Verod targets growth equity and buyout investments, typically committing $10–$30 million per deal. It prefers majority or significant minority stakes, with board representation and active operational support.

Which sectors does Verod avoid?

Verod does not typically invest in real estate development, natural resources extraction, or early-stage seed-stage companies. The firm focuses on established businesses with proven cash flows and scalable models.

Does Verod maintain a philanthropic foundation?

Yes, Verod Capital Management Foundation focuses on education and economic development in Nigeria. The foundation operates separately from the investment fund, with its own board and funding from the firm's principals.

What is Verod's geographic footprint beyond Nigeria?

The firm maintains an office in Accra, Ghana, and has made investments in both Nigeria and Ghana. While the West Africa corridor is core, the firm has selectively participated in portfolio companies with regional operations in other African markets.

How does Verod differentiate from pan-African private equity funds?

Verod focuses exclusively on West Africa, specifically Nigeria and Ghana, rather than spreading across the entire continent. It takes concentrated positions in its portfolio companies, often holding majority or significant minority stakes, with a longer hold period typical of local growth equity.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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