Strategy

Investment Focus

Linzor’s partners have selected and managed investments using a consistent set of criteria since they entered the private equity sector.

Regional Geographic Focus

  • 4 main target markets: Mexico, Chile, Colombia, and Peru
  • Opportunistic approach in selected smaller LatAm economies (e.g. Uruguay, Ecuador) and complementary geographies (e.g. Spain)
  • Strong local networks allow for a high rate of proprietary deal sourcing

Middle Market Companies

  • Significant depth in the middle market (companies valued between US$75 and 400 million), offering a greater number of investment opportunities
  • By multiplying a middle market company by 2x or 3x during our holding period, the company attracts greater interest from potential buyers at exit

Active and Responsible Investors

  • Focus on control investments in order to implement operational value-added initiatives and manage exit windows
  • Active involvement in company’s strategy and management, well beyond the mere provision of liquidity
  • Implementation of a robust ESG & impact strategy, with management compensation partly tied to the achievement of ESG and impact goals

Disciplined Underwriting and Structuring

  • Use of realistic base case assumptions that take into account specific risks, including FX
  • Conservative capital structures. Selective use of recaps to increase returns (e.g. Uno Salud, UTEL)
  • Strong instrumentation of liquidity rights (e.g. drag rights)