Approach · Few holdings
Concentration rather than a portfolio of many.
What we do, in detail
Four activities, all carried out for the company's own account. Nothing here is an offer of any investment.
Program 01 · A small number, held long
Holding interests
The company holds ownership interests in affiliated operating businesses and participates in their governance. Holdings are few and held for the long term, which shapes every decision about how those businesses are run and financed.
Approach · Long horizon
Measured in years, not quarters.
Approach · Involvement
Governance, not day-to-day management.
Approach · Capital
Our own, and our partners'.
Approach · Purpose
Property bought for use or for long-term holding.
Approach · Condition
Maintained properly, because we keep it.
Approach · Leasing
Written leases and consistent criteria.
Approach · Compliance
Permits and licensed trades where required.
Program 02 · Owned, not traded
Real property
Property is acquired to be held: premises used by affiliated operating businesses, and properties leased to third parties. Renovation and maintenance are carried out by licensed trades, and leasing complies with fair housing and landlord obligations.
Program 03 · The unglamorous part
Operating support
Small operating businesses rarely have a back office. The company provides administrative and planning support to the businesses it owns — reporting, budgeting, systems and supplier relationships — so operators can spend their time on the operation.
Approach · Reporting
Monthly numbers that are actually read.
Approach · Planning
Budgets and capital planning.
Approach · Systems
Shared tools rather than five of everything.
Approach · Advisers
Licensed professionals engaged where needed.
Stage 1 · Introduction
Usually through someone we both know.
Stage 2 · Context
What the business or property is, plainly.
Stage 3 · Diligence
With our own advisers, if both sides want to continue.
Stage 4 · Decision
A clear answer, either way.
Program 04 · People we already know
Partners & opportunities
New activity comes through people the company already works with: operators, partners and advisers. Conversations are private and case by case. The company does not solicit investment, does not accept outside capital from the public, and makes no offer of any security.
Working on something relevant?
A private conversation, with a clear answer either way. No obligation on either side.