Criteria for Secondary Direct investments in companies:
- Investors/Owners/managers who are driven and have aligned interests
- Attractive growth prospects, deep competitive advantage and sustainable profit margins
- Strategy based on business performance, not only on financial engineering
- Board representation and clear understanding of KASS Capital's involvement
- Companies that have been under equity or other sponsor ownership for more than 3 years
- Holding period of up to 5 years, with defined exit routes
- Downside protection schemes
Criteria for Fund Restructuring and secondary of LP positions investments:
- At least two-thirds of the NAV comprised of attractive companies
- Funds >5 years old, with underlying companies that have transitioned from early stage to growth
- Strong visibility of viable exit routes for underlying companies within a time-frame of 3 years