by Alan Dargan, Ross Finegan and David Gasparro. In 2016 we raised our first institutional fund of £110 million. Prior to this we made 7 principal investments on a deal by deal basis, investing alongside institutions and experienced business professionals.
We are looking to invest in cash generative companies within a strong niche. These are typically platforms for growth, both organically and via acquisition, and will have strong, ambitious management teams. We make investments in the UK and across Europe at the lower end of the mid-market (companies with £2 to £7 million EBITDA).