This is a must-listen for anyone interested in understanding more about capital raising and the relationship between risk and return.
For founders and executives, raising capital is always a hot topic. Cash is the lifeblood of any organisation and the “capital stack” is an important and complicated area of finance that far too many entrepreneurs don’t have a proper understanding of.
Jonti Osher (Head of Private Debt in South Africa) and Brent Blankfield (Fund Manager – Private Debt) focus on flexible capital solutions. In this interview, they share their advice on how to make a business more attractive to an investor like Westbrooke.
The discussion covered:
- The critical importance of the management team and the need to build partnerships around the companies that Westbrooke invests in
- The extent to which Westbrooke performs a due diligence on the management team, not just the business
- The niche in which Westbrooke plays, focusing on speed of execution and an ability to do value-adding lending transactions that are usually too small for investment banks
- The approach taken in assessing a business for a debt-led investment strategy, with an equity kicker for Westbrooke as part of a hybrid funding strategy
- The ways in which to make a business more investable for Westbrooke
Listen to the full episode here:
The Magic Markets podcast is hosted by The Finance Ghost and Mohammed Nalla. Previous interviews with our team members can be found here:
- Episode 59 – background to alternatives
- Episode 63 – balancing balance sheets
- Episode 69 – investing in private debt
- Episode 73 – venture capital investing
- Episode 76 – private equity investing
- Episode 81 – hybrid capital
- Episode 87 – USA mobile home park investing
- Episode 94 – the Westbrooke portfolio
- Episode 99 – what’s happening in the UK
- Episode 103 – alternatives – the wealth management view