INVESTMENT APPROACH
Clarity at every step.
Connect the opportunity, the evidence and the structure. Keep the assumptions visible.
Define the opportunity.
Identify the business or asset, the purpose of the capital and the conditions required for the investment case to work.
Test the fundamentals.
Examine operating results, cash flows, customers and market conditions. Distinguish historical evidence from forecasts and test how the case changes under different scenarios.
Evaluate the structure.
Consider price, leverage, ownership rights and funding obligations together. Review how the interests of the parties align and where losses could arise.
Plan for ownership.
Understand the reporting, resources and decisions required after an investment. Consider possible paths to repayment or realization and the conditions that could alter them.
The relevant agreements define decision rights, reporting and the responsibilities of each party. A general framework does not replace transaction-specific documents.
Investment documents and eligibility