We are flexible capital, taking minority or majority stakes in businesses and are able to hold for the long term. The key for us is establishing a shared cultural alignment and ambition.

We can provide a liquidity event while allowing existing shareholders and management continued influence.

Conversely, we can also provide the opportunity for shareholders to fully cash-out and move on to the next phase of their journey.

Effectively, we can provide passive minority stakes, but as we transition to majority positions, the level of control and influence we require increases.

Where we land on that spectrum depends on what is required by the individual business, the level of input desired or required, and where our expertise lie.

Growth Equity

This is our core focus. We look to partner with businesses across all sectors with the following characteristics:

• +$1m EBITDA
• +50% repeat or recurring revenue
• +10% EBITDA margins
• Structural growth market
• Cheques of $3-15m

Venture Capital

We also do a small number of earlier stage / venture investing. However, this tends to be where we have particular sector knowledge and conviction. Criteria we look for includes:

• Tech / Tech enabled services
• +$5m ARR
• +$2bn TAM
• Minority positions

Our people are local. Our expertise is global.

We have team members and partners on the ground who bring experience as entrepreneurs, investors, and operators of best-in-class businesses.