Mandate alignment
Understand the organisation, investment focus and requirements of each potential capital partner.
The capital structure of a transaction should support its commercial purpose. We consider funding requirements alongside the business model, ownership objectives and execution plan.
Participation is considered in relation to the requirements, structure and economics of each opportunity.
Potential capital requirements may include acquisition consideration, business growth or working capital associated with an agreed strategy. The amount, form, timing and conditions of participation are assessed separately for each discussion.
Commercial assessment includes the intended use of funds, expected cash generation, ownership or repayment terms, governance and downside exposure.
Understand the organisation, investment focus and requirements of each potential capital partner.
Examine the business, use of capital, transaction structure and conditions needed for execution.
Any participation depends on due diligence and the relevant parties’ decisions. Commitments are established through transaction-specific documentation.