Investment Process

SUBMISSION PROCESS •INVESTMENT PROCESS

Upon receipt of an investment summary/business plan, an initial review will be undertaken to ascertain whether the opportunity fits with our criteria and whether we wish to proceed to more detailed investigation and analysis.

• First Stage Approval – If the project is of interest, then we will seek to meet management, visit company premises and undertake a more detailed appraisal of the business and investment opportunity. If positive, then we will present the opportunity internally to our partners
• Second Stage Approval – If our partners approve the opportunity, a series of due diligence will be undertaken to explore all risks. This may involve the engagement of sector specialists. If positive, a final investment paper will be prepared for presentation to the Investment Committee for approval, after which a term sheet is issued.
• Legal Negotiations – If the term sheet is agreed, the deal will proceed to final legal negotiations. Upon satisfactory agreement of terms, the investment will be made.

The first two stages take between 4 to 6 weeks to complete. The last stage depends on the complexity of the deal structure, but typically takes 4 to 8 weeks to complete.