We aim to complete one to three new investments per year in businesses which typically have enterprise value in the range of €300 million to €3 billion. This approach enables us to dedicate significant resources to each deal.
 
Our selective and low volume investment strategy means that we are able to develop a deep understanding of sectors and companies with which we are involved. We do not limit ourselves to particular sectors. Areas in which the team have previously invested include leisure and hospitality, financial services, and business services.
 
We have global capabilities but focus on businesses with significant operations in Western Europe. We prefer companies with market-leading positions or with potential to make add-on acquisitions to create leading positions. We are also looking for companies with strong assets or underlying business models that may have been historically under-invested or where value may have been obscured by prior strategic choices.
 
We typically work very closely with management in our portfolio companies; having a mutually respectful and trusting relationship with the management team is an important factor when all new investment decisions are made. Our focus is generally on companies that are going concerns and not on distressed businesses.