Background |
Investment Approach | Directors | Management
Investment Approach
Rangatira is a long-term investor and its investment decisions are
based upon business trends rather than economic cycles. It holds a
diverse range of investments in order to manage risk and provide sufficient
free cashflow to support a steady stream of dividends to its shareholders.
Rangatira is strictly commercial in its investment approach and
benchmarks its performance against the wider investment community.
Characteristics of our investment strategies are:
- We like to invest in businesses that are leaders in their
fields.
- We target opportunities with sound prospects for growth
in the medium to long term.
- We support strong and experienced individuals to provide
stable and effective management of the businesses in which we invest.
- For our private equity investments, we prefer a substantial
level of shareholding that will enable us to usefully contribute
strategically
at board level. Where there are other shareholders, we prefer
them to be active in managing the business or able to provide a
significant
contribution to strategic direction.
-
We prefer private equity companies in the “emerging growth” phase
of their development - companies that have successfully grown beyond
the “start-up” phase.
- We tend to treat our private equity investments as individual
rather than integrated entities, recognising that each business
is a specialist
in its own market sector. As part of this strategy, each of
our private equity investments may undertake their own merger and
acquisition
activity.
- We are attracted to companies that have core values similar
to our own, including:
-
long term vision;
- commitment to quality of product and service;
- high standards of
integrity;
- respect for the communities in which they operate;
- and commitment to providing a commercial return for their
shareholders.
Essentially, Rangatira achieves its overall objectives by “investing
in business for growth”. |
