Refined over two decades, our investment model works across a variety of control buyouts and control-oriented growth investments. By investing in our core markets within Asia, we focus on the sectors that benefit the most from the region’s ongoing economic transformation.
Our regional focus encompasses Asia-Pacific with an emphasis on Korea, Australia, New Zealand, Greater China and Southeast Asia. We selectively consider investment proposals from elsewhere in the region.
Our investments have spanned a variety of industries and we have developed specialised expertise in consumer, retail, food and beverage, healthcare services, entertainment and media, financial services, software and business services.
Our investment preference is for companies that have an enterprise value or net sales of USD 250 million to USD 1 billion. Our capabilities extend to transactions that exceed this, which we consider on a case-by-case basis.
We remain focused on control-oriented transactions, control buyouts, growth capital and public-to-private transactions, and we welcome management buyout and buy-in proposals.
To enhance the value of businesses post-investment, we partner with strong management teams. To promote the alignment of interests, we strongly encourage management to have an ownership stake in our portfolio companies.
We invest in businesses with established track records of financial success, consistent earning power and demonstrated ability to generate cash flow.
Value is at the heart of everything we do. To deliver superior returns to investors, it is essential we create significant, sustainable post-investment value for our portfolio companies. As active owners, we harness the potential of controlling stakes to drive businesses further.
Close working relationships are critical. We collaborate with management teams to strengthen and improve working dynamics, operations, finances and market positions.
We take an in-depth look at the existing business model to see where it would benefit from disruption. We spearhead digital transformation across the business and organization to align with industry-leading best practices, and build sustainable competitive advantages and lasting value for businesses.
By strengthening and restructuring balance sheets, we enhance portfolio companies’ financial positions and improve cost of capital. We leverage our corporate finance expertise and networks to optimise debt financing, and execute public and private bond issuances, initial public offerings (“IPO”) or sale of equity stakes through public markets.
We have an entrepreneurial spirit and an eye for opportunities. From developing new products and entering new markets, to executing bolt-on acquisitions, we pioneer strategic partnerships and regional expansions. We share referrals of businesses across our portfolio and leverage our influential networks of blue-chip local and international businesses to generate sales.
Partnering with management, we work to improve key operational processes such as sales-force effectiveness, branding and marketing, research and development (R&D), production efficiency and supply-chain management.
We apply international corporate governance best practices for establishing clear roles across the board and management, including appointing independent directors and setting up board committees as needed. To improve financial planning, designate clear responsibilities and promote accountability, we introduce regular management reports with clear KPIs, formalise annual budgets and streamline decision-making across the business.
We identify gaps in the management team, then pursue and effect management upgrades and enhancements to create professionally managed and cohesive organisations. To encourage a culture of ownership and accountability, we promote co-ownership schemes.
The businesses of tomorrow have ESG considerations at their core. We work to integrate ESG best practices into decision-making and to gain the support and trust of stakeholders and communities.
We identify key risks within existing business operations, and implement forward-looking risk analysis and, where appropriate, mitigation measures. These include hedging for currency and commodity risks, and identifying alternative supplies for critical components.