We believe that planning (and planning ahead) is the strongest way to achieve capital growth. The proof of that is what we have achieved in our exits.
Creating success
We like to sail high on the S-curve. We invest for long term rewards and the peak of our S-curve can be anywhere between now and 2060. This does not mean we ignore the ability to translate investment into successful exits. Read for yourself a few of our more recent credits.
REC
REC is a major player in the international solar energy industry. It is simply the most integrated solar energy company in the world. It’s May 2006 IPO on the Oslo Stock Exchange raised NOK 6.9bn resulting in a NOK 46.9bn market cap.
Q-cells
This German company develops, produces and sells silicon-based photovoltaic and monocrystalline cells to manufacturers of solar modules. It’s October 2005 IPO on the Frankfurt Stock Exchange raised Euro 313 million for a market cap of Euro 1.4bn.
Celtel
Operating in Africa, Celtel builds and operates world-class communications networks. As Africa’s mobile telecoms leader, it was acquired in 2005 by MTC Group for US$3.36 billion.
Studiocom
Well ahead of today’s trend for online communities and brand interaction, Studiocom has been creating award winning online brand experiences. Since 1998, it has worked with major US brands, winning the prestigious ‘Best Online Community Website’ for CokieMusic.com (now MyCoke.com). Studiocom was acquired by WPP in 2005.
MakeMusic
MakeMusic leads the world in software and systems for music educators and musicians. It is unique in creating, owning and licensing patented technologies to support the composition, arranging, teaching, learning and playing of music. MakeMusic is traded on the NASDAQ. Market Cap US$38.6m.
