We have the flexibility to invest across different sectors as well as across the capital structure.
Our flexible allocation model allows us to build a diversified portfolio of customized positions that generate differentiated solutions for our portfolio companies while also balancing risk and reward for our investors. The key characteristics on which we focus include:
Differentiated and Defensible Market Niches: We seek defensible market niches characterized by barriers to entry and high switching costs and look for businesses with a strong value proposition and clear competitive differentiation.
Growth Prospects: We target businesses with favorable industry trends and solid, long-term growth prospects.
Proven Management Teams: We look for experienced management teams or incoming operators with significant experience.
Cash Flow Stability or Near-Term Cash Flow Visibility: We target both businesses with a history of cash flow stability as well as high-growth businesses that have minimal EBITDA or cash burn but a clear line of sight to cash flow.