With over 30 years of experience in Private Equity, our Partners
work with management teams, existing shareholders and incoming
investors, to find solutions to complex situations and deliver
significant value creation.
We are not a fund. We believe that in complex situations, better outcomes are delivered to all parties by having more flexibility to match investor risk capital with the particular situation.
We work with our capital partners to identify opportunities. We lead the negotiation and execution of the transaction, also managing any restructuring or reorganisation required. We then remain involved, working alongside management and capital as long-term partners, to deliver significant value creation. Whenever our capital partners invest, we always invest alongside them, as we believe co-investing is the best way to align incentives.
(On an exceptional basis, when capital is not required, we work on a purely advisory basis to management or existing shareholders.)
We currently work with nine capital partners, which gives us significant flexibility in matching the situation with the risk appetite. With an aggregate AUM in
excess of $20bn, our partners represent a significant pool of capital. Over half the capital is with family offices, often with a sole decision maker, making
our investment process fast and flexible, even in the most complex situation.
We typically look at situations where there is enough scale to make significant returns for all parties. If the business is loss-making, we typically look for revenue in excess of $500m and up to c. $1.5bn. If the business is profitable, we typically look for EBITDA in excess of $10m and up to $100m. Depending on the nature of the capital requirements, we can invest up to $250m in each situation with no minimum. (We also have experience with dowry deals and negative EV deals.)
As we are not a fund, we have the ability to look at deals outside these criteria, if they are sufficiently compelling.
We believe that resolving complex situations often requires discretion.
If you would like a confidential conversation about any situation, please email [email protected]
and one of our partners will reach out to discuss the opportunities.
We are currently not recruiting.
