Sector 02
Leadership
Leadership is an underwritable asset. We invest in the firms that find, build, and hold the people who decide outcomes.
How we take it
Buy and build. We consolidate specialists rather than assemble generalists.
The thesis
Why we hold this sector
The scarcest input in our portfolio is not capital and has not been for some time. It is a person who has done the specific thing before and will do it again for ten years.
That scarcity has an industry around it: executive search, assessment, leadership development, succession, and the data layer that is slowly making all of it measurable rather than anecdotal.
We hold positions across that industry and we use them. A portfolio company with a leadership gap is a call we can make the same week, not a search we start from zero.
Focus areas
What we actively look at
- Executive search and specialist recruitment platforms
- Assessment, succession, and leadership development
- Workforce data and labor market intelligence
- Interim and transformation management
The other sectors
Working on something in this sector?
We would rather hear the structural argument than see the projections. If the argument holds, the projections will follow.