Investment Strategy

The Fund’s investments can be categorised into four types:

Growth Equity/Platforms:

Structured minority positions in relatively mature private companies that are looking for capital to expand, restructure operations or finance a significant acquisition. In addition, the Fund may also take control positions in new platforms that are rolling out a proven business model in a core, growth sector (eg, healthcare) or that could serve as the base for a ‘buy and build’ rollup.

Private Placements:

Investments in unlisted pre-IPO positions, typically founder allocations or private placements of restricted securities.


Strategic minority blocks in small to mid size listed companies with stable, mature businesses. Strategic positions are entered either through the stock market or pre-negotiated secondaries or preferential issuance of equity.


Backing buy-outs of businesses either by the original promoter (from other investors) or by existing or new management (from the promoter or controlling business group); carveouts and spinoffs of non-core businesses from large conglomerates; public-to-privates of listed companies that would benefit from a period of private ownership to restructure/transform themselves; recapitalisations of financially (but not operationally) stressed companies.