IVF partners or
buys only a small number of high quality companies
at any given time to ensure constant attention
at all levels. IVF as a rule does not invest
in start-ups and seed early stage companies.
Target portfolio companies have to exist in
business with a well defined business model,
a positive cash flow, multiple monetising
possibilities, and above all led by people
of the highest integrity, who are zealous
to be leaders and at the top.
IVF invests in or buys only up and running
businesses with: |
|
Internationally competitive products/
services
A sustainable competitive advantage
Quality entrepreneurship and management
Fair entry valuation
Minimum investment requirements of US$
20-30 million with potential for further
investment of US$ 50 million
|
|
A management
team willing to accept assistance in building
the company
The success of a fund rests on its ability
to time its exit from an investment with a
view to maximise returns. To facilitate this,
IVF works on a pre-defined exit strategy,
drawn prior to investment, revaluated from
time to time. While IPOs are the most widely
accepted exit routes, IVF considers mergers,
takeovers and joint ventures as other viable
exit options. |