Following investment by BECAP12 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 by external parties, as needed; and resolution of legacy issues such as legal and tax disputes.
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.