Values

We are entrepreneurial.

We want to partner with the best entrepreneurs and operators. We are self-starters and have a deep attachment to the idea of building businesses, including our own.

We are lean and quick yet always seek to operate with integrity and world class standards. We balance the tensions between proper process and speed to get to results with the right level of confidence.

People matter more than anything. We prize talent over experience but we love both. We value contribution over hierarchy. We value the desire for personal development.

Our capital is a trust. While we are in a risk business and operate portfolios with winners and losers, we never want to impair the capital of our shareholders or partners. We have experienced that, and it is deeply painful on every level.

We are innovative.

We prize curiosity and wonderment. We constantly remind ourselves that knowing what was and what is can impede seeing what could be.

We believe that creative solutions can overcome almost any problem. We are constantly trying to maintain our creativity and reduce complexity, even though we know that sometimes, complexity is our friend.

We understand that innovation involves failure as well as success and we do not fear it. We try to shift the odds in our favour and look to manage the consequences of not succeeding.

We are rigorous.

We think analytically and critically. We base decisions on data and we know that the anecdote dies hard.

We believe that process aligns our team – in investments, in management and operations – but too much process and analysis can paralyze an organization.

We work really hard.

We are collaborative.

We believe collaboration is more powerful than competition. If we can be in the pie-growing rather than the pie-splitting business, our success will be greater in the long run.

We align our financial success with our partners and shareholders and work toward a common goal of achieving best-in-class performance.

We make big decisions – and many small ones – collectively, with no room for politics.

We are authentic.

Humility is one of our key values, and it is derived from our past failures as much as our past achievements. We celebrate our teams and our portfolio companies before taking pride in our own successes.

We care a lot about each other as people and work hard to build loyal, trusted relationships across our whole ecosystem. We take risks as a team, to be transparent about our weaknesses and mistakes.

We are on the side of taking risk to drive a better, more inclusive business in all senses. Insights and outcomes do not have a color, gender or sexual orientation, and we are trying harder than ever to ensure that we don’t bring these prejudices into anything we do. We know we have a lot of work ahead.

We believe strongly in doing the right thing for all stakeholders and keeping our commitments. We believe that in the long term integrity pays dividends.