Richard Pender

Former partner at Ethos Private Equity Limited (Ethos); South Africa’s pre-eminent specialist private equity firm, where he enjoyed a successful 14 year career stemming from Fund I to Fund V. The investors in the funds comprise a mix of South African, American and other international investors.

As a partner at Ethos, Richard’s duties and responsibilities involved the identification and assessment of new investments, the execution of acquisitions and the management and monitoring of portfolio companies.

Richard assists Kleoss Fund I in his capacity as Senior Advisor.


Sipho Maseko

Sipho Maseko is group Chief Executive Officer of Telkom SA SOC Limited. Sipho will assist Fund I with overall commercial analysis of all transactions originated by the investment team.

Mr. Maseko holds a BA LLB from the University of Natal. He has previously served as the Managing Director of Vodacom South Africa (Pty) Limited. His tenure with Vodacom included fulfilling the position of Chief Operating Officer of the Vodacom Group Limited. Prior to Vodacom South Africa (Pty) Limited Sipho was Chief Executive Officer of BP Africa. He has also held various positions both in South Africa and in the United Kingdom.

Sipho brings more than 20 years of commercial experience spanning telecommunications, petroleum, legal expertise and financial services.