We are not operators and do not play an active role in daily management of an operating company – that is a job we leave to professional managers. However, over our careers we have partnered with many world-class management teams and participated in substantial value creation alongside those managers.
Based on that experience, we believe the best way to create value over the long term is through a disciplined process that:
aligns interests between managers and owners,
clearly and mutually defines strategy,
identifies/develops resources and establishes personal accountability, and
implements specific, tactical initiatives in support of the strategy.
We want to partner with management teams that similarly see the value of this discipline.