About us

How we create value

Our business model

We create capital value by investing in mid-market companies to create a diverse portfolio with strong growth potential. We cover our operating costs with income from our portfolio and from fund management fees generated by our Infrastructure business, thereby minimising the dilution of our capital returns.

  • Key to our operation
  • What we offer
  • Who benefits

Our institutional culture/values
Our institutional culture, policies and procedures, led by the Board and Investment and Executive Committees, ensure a disciplined, responsible and selective approach to investment and divestment decisions.

Effective risk management
Integrity, rigour and accountability, combined with robust processes, are central to our institutional culture and underpin our approach to risk management and the successful delivery of our strategic objectives.

Strong corporate governance
A balanced and effective Board, that seeks to ensure that the Group’s culture is aligned with its purpose and values, and that the Company has the necessary financial and human resources to drive long-term sustainable success.

 

Our responsible approach
We are committed to managing our business sustainably. We take responsibility for our actions as an employer, investor, and an international corporate citizen

Expertise
The knowledge and skills of our teams, where sector and international experience come together, are a crucial part of our origination and value creation

Access to capital
We create value by investing our proprietary capital in a portfolio of mid-market companies

Business leaders network
Our global network of advisers and business leaders assists us to identify, approach and assess opportunities, transform businesses and drive value

Active partnership
We work with our portfolio companies to achieve their full potential and fund growth initiatives

Reputation
As an investment company with a history of over 75 years, our brand strength and long-term approach underpin our reputation as a responsible investor and business

Value creation

We manage our balance sheet conservatively. We maintain a tight grip on operating costs
and cover these with fund management fees and portfolio income

Shareholders
Our model is capable of delivering mid-teen returns to shareholders through the investment cycle

Portfolio companies
We work in close partnership with our portfolio companies to provide expertise and support, enabling them to grow sustainably, achieving their full potential and contributing positively to the communities in which they operate 

Our people
Our people are our most important resource. We foster the professional development and wellbeing of our employees

Total return FY2021
£1,726m
Dividends per share
38.5p
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