Investment criteria
A. Stage:
- Ideally traditional private equity, i.e. invest in companies that have proven track record in sales and profitability:
- New investments sought to finance expansion strategy, launch of new lines, etc.
- Investments sought to finance turnaround challenge
- Investments sought to initiate succession plan with professional management (in case the target company has been family owned)
- Late stage venture capital with convincing business plan and return perspectives
- Exceptionally, early stage venture capital (or angel investments) with convincing business plan and return perspectives (smaller fund allocation)
B. Share:
- Preferrably minority shares (expansion capital), if other investors or existing shareholders share return expectations, vision and values
- Active investment, not silent investment
- Occasionally, majority shareholding or control, but should be the exception
C. Return
- Returns sought through value increase of companies / investments in the portfolio
- Concrete return objectives will be defined on a case-by-case basis