Always by the book, never by numbers.
Traditional methods are the foundation, but we go further, with an ethical, mission-driven approach.
Our guiding principles capture what we believe is the right way to add value, while also helping keep everyone involved aligned.
We live and work by these ideas. They have been tried and tested and are the foundation of our success.
1
We think like operators, not financiers
Every investment starts with people, customers, processes, and product — not spreadsheets or financial engineering. This makes a material difference to the outcomes we are able to achieve.
2
Management teams are the experts
We listen, challenge constructively, and set ambitious goals together. Real partnership means treating management as equals, not subordinates.
3
We invest with a focused group of partners
We build long-term relationships, often over decades. We offer flexibility and transparency, and we deliver superior returns by doing the work as it should be done.
4
We build for the long term
Sustainable growth in profits, cash flows, and enterprise value comes from investing in people, capabilities, and technology—not cutting corners for short-term gains.
5
We stay selective
We only take on a small number of high-conviction investments where we are deeply involved and genuinely additive. More isn't better.
6
We use leverage responsibly
We know that financial engineering alone doesn't create lasting value. We structure our deals to support growth, not strain it.
7
Everyone wins together
We design equity and incentive programmes so management, Marconi, and our investors succeed at the same time.
8
We give credit and take responsibility
When things go well, we recognize the people who made it happen. When we fall short, we own it. To us fairness and integrity aren't negotiable.
9
We practice radical transparency
We share our thinking, our data, and our intentions openly and we expect the same in return. Trust is foundational to success.