Investment Strategy

Dynamic approach in offering liquidity solutions principally through General Partner relationships

 
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We provide non-traditional liquidity solutions for portfolio companies of General Partners and for Limited Partners

  • giving access to leading European companies

  • with a proven deal-sourcing model

  • by operating in an under-served and fast-growing market segment 

  • by means of a flexible and responsive approach

We have completed 50 transactions into 94 companies predominantly sourced through our General Partner network

 

Portfolio company solutions

  • GPs often cannot participate in a transaction for reasons such as

    • the investment period of a fund has expired

    • they have reached the maximum allocation for a particular investment

    • they cannot invest in a secondary transaction

  • Where the GP cannot participate, we invest directly into

    • single companies

    • portfolios of companies

  • We provide liquidity solutions by

    • acquiring existing shares from

      • management

      • founders

      • early investors; and/or

    • investing in new shares to provide late-stage growth capital

  • We are passive minority investors

 

Limited Partner solutions

  • We acquire interests in single funds and portfolios of funds from LPs

  • Sourcing is largely through GP relationships, aided by the primary activity

  • Typically, an LP interest is acquired in a single fund and its small size tends to insulate from competition