OUR INVESTMENT APPROACH
We observe, interact with, and consult with our potential investee company over an extended period of time to gain a clear understanding of the company's business model, investment hypothesis, performance gaps, and value-add plans prior to engaging capital.
We limit our investment activity only to industries in which we are experienced and well-versed. This discipline is grounded from our collective investment and organisational leadership experience. To supplement our in-house expertise, we also partner with organisational and industry/sector experts within our network who regularly co-invest alongside us.
We look for a combination of special attributes in South East Asia's eclectic control oriented deal flow when considering an investment:
Quality Business Model
Key performance indicators identifiable
Positive cash flows with sustainable quality of earnings
Organisational & Operational Issues Transient
Transition towards "built-to-last" standards within 24 months as the need for organisational change is moderate to high. These include buy-outs, management buy-ins of family owned enterprises, spin-offs, distressed entities, operational mergers/management takeovers and out-of-favor companies.
Investment and change hypothesis, value-add plans, end state, and performance improvement enablers including procuring talent, clearly indentifiable.
Valuation is on an "as is" basis reflecting the level of change intensity.
Transaction is proprietary or selectively intermediate given organisational change issues.
We have adopted a "Fund-less deal-by-deal" approach to enable us to execute our focused investment strategy of high selectivity and high touch with potential and existing investee companies within South East Asia.