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To achieve our aim of generating superior absolute and relative returns for our investors through our funds-of-funds, we adhere to a unique and disciplined investment strategy. We construct portfolios of top-quality buyout and venture capital private equity funds. Our extensive knowledge and experience in the industry provides us with the awareness and ability to select top-tier private equity managers, while our relationships and reputation provide us with access to their often over-subscribed funds. At Fisher Lynch Capital, we conduct thorough due diligence and build focused portfolios with the goal of producing excellent results for our investors.
The core and distinctive elements of our fund-of-funds strategy include:
Targeting Best Performers
The private equity industry is different from many public markets in that there is a wider dispersion of investment performance between top-quartile and median returns. Selecting top-tier private equity performers becomes essential to achieving truly compelling returns. At Fisher Lynch Capital, our extensive experience, relationships, and due diligence process enable us to identify and work exclusively with first-rate buyout and venture capital managers that routinely outperform the industry. We focus exclusively on partnering with these premier private equity managers.
Diversified Portfolio Strategy
We carefully construct portfolios by identifying leading private equity fund
managers that have consistently outperformed their peers and industry
benchmarks. Since the Firm’s inception, our venture capital and buyout
portfolios have provided appropriate diversification to manage concentration and
illiquidity risk, but not so diversified as to either dilute exposure to the
best managers or limit the overall potential for superior long-term returns.
Qualitative and Quantitative Approach
We take a thorough qualitative and quantitative approach to analyzing fund investments. At Fisher Lynch Capital we do not focus solely on the implications of the raw data or the sales story. Instead, we fuse the two together to identify consistencies and inconsistencies in strategy and performance. We have developed a rigorous yet constantly evolving diligence framework which blends together the diverse experiences our team has gathered over many years.
Investment Focus
Fisher Lynch Capital limits its primary partnership investments to private equity buyout and venture capital funds. Within these segments, we have invested in industry and strategy-focused funds as well as highly-diversified funds. We are agnostic to fund size and instead devote our efforts to selecting only the very finest private equity managers. While we largely focus on private equity firms that are headquartered in the United States, several of these managers invest globally thereby providing geographic diversification to our investors.
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