Why listed markets?

Equity Available as Currency for M&A

  • Listed equity provides meaningful consideration for vendors looking to roll – valuable when portfolio companies are pursuing buy-and-build strategies
  • Creates strong incentives through equity ownership for stakeholders to participate in company’s growth

 

Large Pools of Capital Available Quickly

  • Broad co-investor base with significant assets under management
  • Rapid funding decision from capital market co-investors

Liquidity

  • Realise investments without the requirement for sale of business
  • Efficiently manage shareholder base as risk profile of business evolves

Unlocking deal flow

  • Avoids moral hazard associated with non public-market valuations
  • Regulatory ownership restrictions

Transparency

  • Requires portfolio companies to adhere to institutional-level reporting and governance standards
  • Provides us and our co-investors a daily mark-to-market valuation