We are focussed on building two complementary investment themes. First, we are creating a small number of principal investments – probably around eight of them - that are quoted platforms for growth by acquisition. These businesses either are or hopefully will become significant businesses in their segments with upper quartile ratings and capitalisations approaching the mid-market.
We are also building a number of high potential, highly desirable, smaller investments that are fast growing and probably first generation managed. We hope these businesses may become quoted or may in due course have a better future under different ownership. We will actively manage these businesses in partnership with their management, seeking to build value quickly.
The size of MXC’s interest in its investee companies may change and the statistics in this section will be updated at the beginning of every quarter.