Mandate Criteria

Our Philosophy

We admire specialist investors who know more about their niche than the competition and have a proven track record of profiting from their information advantages. Amongst others, we look for inefficiencies and dislocations which can be easily understood but where the barriers to entry are high for large or generalist investors.

What We Look For

• A consistent strategy where the GP’s competitive edge can be clearly explained
• Proven track record of outperformance
• Comprehension of the GP’s info advantages and inefficiencies/dislocations inherent in the strategy
• Demonstrable value add to investee companies beyond the provision of capital
• Absolute integrity and excellent references
• Alignment - significant personal investment alongside LP capital
• Willingness to develop a long-term partnership and devote resources to meet institutional requirements

Fundraising Process

1. Fund review including identification of target investor base
2. Due diligence including an assessment of references, initial documents, regulatory issues and registrations, investment structure, processes, service providers etc.
3. Contract / engagement letter
4. Materials preparation including outsourcing to dedicated project management professionals where applicable
5. Pre-marketing / formal launch - contact relevant LPs
6. Roadshow / LP meetings
7. Follow-up - regular feedback and punctual responses to LP info requests
8. First close
9. Repeat phases 6, 7, and 8 as required
10. Final close