| Our investment strategy is to capitalize on the resources of Raymond James and the experience and relationships of our managing partners by identifying investment opportunities that will benefit from their expertise and from the services provided by Raymond James. In doing so, we will consider various types of transactions including acquisitions, management buyouts and recapitalizations. We focus our efforts on industries which we believe have favorable investment characteristics and in which we and Raymond James have substantial experience, including industrial growth, consumer, health care, real estate, financial services and energy. We believe that when investing in established middle-market companies in these industries we will have the opportunity to positively impact the strategic direction of each portfolio company, thereby enhancing investment returns. We believe that the following aspects of our investment strategy will accrue to the benefit of our partners, including our management team: |
- Proprietary Deal Flow - In addition to the numerous relationships we possess with investment bankers and other intermediaries nationally, we continue to develop proprietary sources of deal flow by capitalizing on the following: (i) the successful investment banking and research efforts of Raymond James; (ii) the significant retail broker network of Raymond James which includes over 4,500 financial advisors and more than 1,000,000 accounts for individual and institutional investors; (iii) the relationships developed over a combined 50 years of experience of the principals in investment banking, private equity investing and senior corporate management; and (iv) the reputation and contacts of Raymond James. We utilize these resources to gain a competitive advantage in completing platform or add-on investments.
- Industry Focus - We believe that our partners will benefit from our industry focused investment strategy. This discipline enhances our ability to source, analyze, value, finance initial and add-on investments.
- Value Added Board Involvement - We regularly serve on portfolio company boards and assist in determining the appropriate business strategies, including identifying acquisition candidates and additional management personnel. However, we are not passive investors. We understand that management teams want financial partners who will invest enough time and energy to understand and participate in the value creation process. In addition, we regularly draw on the resources of Raymond James, including research and investment banking personnel, for ideas and services to maximize the value of our investments.
- Liquidity Expertise - We determine the most likely exit scenarios for each investment prior to closing on such investment. Our judgment in evaluating actual liquidity strategies is often complemented by the experience of Raymond James in securities offerings and mergers and acquisitions.
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