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+44 1481 730 617
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info@bettercapital.gg
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Investment approach BECAP Fund LP
Investment process
The following describes the investment process that the General Partner follows in respect
to investments of BECAP Fund LP.
Deal origination and initial screening
The General Partner aims to identify and source potential investment opportunities from its own activities and from opportunities identified by the Consultant (among other sources) and to initiate preliminary information gathering and further due diligence (through a variety of sources and service providers, including the Consultant where appropriate) on such potential investments.
Initial Approval By THe General Partner
The General Partner seeks to identify investment opportunities in which it has identified methods to resolve existing issues and thereby position the business on a firm platform to create significant equity value. The General Partner draws on such services of the Consultant or others as it may require and applies both its transactional and operational skills to assess how value can be created through each situation. Unless it is clear as to the path to value creation and the risks associated, it does not pursue the opportunity.
Follow-up information gathering
If the outline proposal is approved by the General Partner, it draws upon such services of the Consultant or other parties to carry out appropriate, research and information gathering.
Proposal To Invest
The General Partner conducts an analysis of potential for risk mitigation and value creation. This detailed investment analysis covers the commercial, financial and strategic rationale for the proposed investment and is considered by the board of the General Partner.
Portfolio monitoring and optimisation
Following investment by BECAP Fund LP, the General Partner is responsible for ensuring that portfolio companies are properly managed and appropriately resourced to maximise the opportunity including the following; a proper management team with appropriate incentives; strong financial systems; regular strategic reviews and consideration of potential acquisitions or disposals with research and information gathering assistance provided as needed by the Consultant; and resolution of legacy issues such as legal and tax disputes.
Exit planning and process
Once a turnaround has been achieved, typically where sustainable profitability has been demonstrated, the General Partner moves towards determining a suitable exit strategy for the investment.