Approach
We stay for
the long run
We raise permanent-style capital from a small group of Asian families and endowments. That structure means we are never forced to sell a good company because a fund is winding down — and we can say no to processes that reward speed over judgement.
How we work
Introduction
A first meeting with no mandate and no timeline, usually through a founder, a banker we have known for a decade, or a portfolio company. We would rather meet several times than rush a term sheet.
Structuring the investment
We shape the deal around what the company needs: a first institutional round, growth capital for a new product or production line, or full ownership of an established company ready for its next stage of growth.
The first two hundred days
An operating partner joins on day one. For young companies that means hiring, supply chain and first customers; for established ones, governance, financial reporting and the top three roles. Both come before strategy.
The long hold
Median hold across realised investments is seven years; our stated intention on new investments is twelve. We sell when a better owner exists, not when a clock runs out.