FUND STRATEGY & PHILOSOPHY
Alpha Capital's strategy is to invest in, and actively manage, significant shareholdings
in a diverse portfolio of carefully qualified assets. Our investment universe consists
of private and public companies, property and real assets. We do not seek operational
involvement, but prefer to partner with strong management teams who demonstrate
specialised industry knowledge and skills, and who have significant financial exposure
to their own companies. We believe that the best managers think like and are owners.
We do however seek active strategic input in the business, and where possible, will
have an Alpha Capital executive represented at board level. The entry price is a
fundamental consideration as we must have a high conviction that there is significant
scope for good value creation over the medium to long-term. We also recognize that
the deal you don't do, can be as important as the deal you do. This is due to the
high opportunity cost in both capital and time of "getting it wrong". As opposed
to being focused on pure earnings growth, we place a considerably higher emphasis
on the actual cash generation potential of the business within which we invest.
Debt may be employed at an underlying company level to enhance return on equity
to investors.