# Verod Capital Management

Verod Capital Management is an Asset Manager based in Ikoyi, Lagos, Nigeria.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Ikoyi, Lagos, Nigeria
- **Region:** Africa
- **Address:** Lagos, Nigeria
- **Founded:** 2003
- **Assets under management:** $500M – $1B (Altss estimate)
- **Website:** verodcapital.com
- **LinkedIn:** https://www.linkedin.com/company/verod-capital-management

## Regulatory record

- **CRD number:** 305100
- **SEC file number:** 802-117242
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/305100

## About

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

## Sectors

- Financial Services
- Consumer
- Technology
- Healthcare
- AgriBusiness

## Offices

- Accra, Ghana

## People

- Daniel Adeoye — Partner
- Adekunle A. Oshin — Partner
- Tomi Oshin — Partner

## 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 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.

## Related profiles

- [Olive Tree Ridge Investment Advisors](https://altss.com/profile/olive-tree-ridge-investment-advisors)
- [Afzali Investments, LLC](https://altss.com/profile/afzali-investments-llc)

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Last updated: 2026-08-14T12:30:00.000Z

Canonical page: https://altss.com/profile/verod-capital-management-limited

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