Public markets
Listed Equities
We look for growth areas rather than trends: platforms and ecosystems, durable margins, repeat-customer models, sustained reinvestment in innovation, and teams contributing to sustainable growth.
It is a demanding standard, and our portfolio holds a number of companies that meet it.
Direct holdings
Real Estate
We manage a low-maintenance real estate portfolio that appeals to a broad range of families and businesses, with rents and leases of one to five years.
We do not invest in real estate through private equity, fund or REIT structures.
Private companies
Operating Businesses
We look for operating businesses whose management teams aim to earn the majority of their income through performance incentives. We prefer low capital expenditure and modest R&D requirements, but do not rule out businesses that need them.
Criteria available to intermediaries on request.
Early stage
Angel & Venture Rounds
We have invested in angel rounds since the early 2000s. Over two decades we have refined our methodology and grown our network to find companies building processes and platforms capable of high-growth trajectories, with the momentum to sustain viable economic models.