FW Capital’s investment philosophy emphasizes three key principles: adaptability, selectivity and balance.
Adaptability: FW Capital recognizes the dynamism of the private equity market and adjusts its investment focus accordingly. As such, FW Capital identifies and pursues investment themes that are timely and relevant to current market conditions.
Selectivity: Private equity managers exhibit varying degrees of capability, investment judgment and economic incentive. FW Capital employs a disciplined approach to fund selection, continuously assessing the landscape of private equity funds to identify and partner with managers that exhibit strong differentiation, investment judgment and alignment of interests.
Balance: Private equity investments are illiquid, long-duration and exposed to significant uncertainty over their lives. Consequently, FW Capital places a strong emphasis on risk mitigation through portfolio management, diversifying across managers, vintage years, strategies and industries.
This philosophy underpins the principal components of our investment strategy and process which incorporates four key components: Investment Theme Development, Portfolio Management, Landscape Assessment and Fund Selection.
- "Right-sized" funds to avoid indexing of private equity
- Timely investment themes relevant to the current market environment
- Differentiated funds exhibiting investment judgment and alignment of interests
- Portfolio balance across vintage year, industry and strategy