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Investment Solutions |
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Equity Capital
Used as growth capital for middle-market, private and public-listed companies, our Equity Capital investments are ideal for businesses with sustainable competitive advantages. This includes companies with critical mass, as well as prospects for further growth, capital expansion and value-creation. We are strong believers in backing companies run by experienced management teams, which have a high level of integrity and a proven track record of delivering results.
Some Features of Equity Capital:
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| Structure |
Redeemable Convertible Preference Shares or Convertible Bonds, or in special situations, common shares |
| Investment Size |
Up to USD 50 million |
| Holding Period |
3 to 5 years |
| Exit |
IPO, secondary offering or trade sale to strategic buyers |
| Others |
- Valuation derived from comparables analysis, application of earnings or
cashflow multiples, and discounted cashflow analysis
- Board representation for active post-investment monitoring
- Flexible investment structures designed to meet specific company needs |
Mezzanine Debt
Deployed as additional leverage beyond traditional bank debt financing, our Mezzanine Debt financing is commonly used to support leveraged or management buyouts, or as a form of bridge capital when equity markets, debt markets or traditional bank lending are unavailable. Mezzanine Debt financing is ideal for established businesses that are run by experienced management, are cash flow generative, have stable operating margins and operate in a steady industry environment.
Some Features of Mezzanine Debt:
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| Structure |
Subordinated loan with fixed coupon payment |
| Financing Size |
Up to USD 50 million |
| Financing Period |
3 to 5 years |
| Key Terms |
- Principal repayment usually amortised
- Additional return kicker from equity warrants and requires junior-ranked
security or collateral
- May require board or observer representation for corporate situations |
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