Approach

Directs

Majority or Minority

  •  Preference for founder / family-owned businesses
  • $25 - $100 million check size, larger in high-conviction situations
  • We can be a 1% owner or a 100% owner
  • Management team in place with deep industry expertise
  • Flexible on structure (common equity, convertible preferred, etc.)
  • Board seat and/or significant influence at the board level
  • Long-term time horizon (Cockrell has held certain assets for > 70 years)
  • High free cash flow generation that enables reinvestment and capital allocation
  • Aligned incentives among all executives and

Co-Investments

Minority

  • Investing alongside top quartile / decile investment managers
  • $20 - $50+ million check size, can upsize over time for follow-on capital
  • Durable businesses with strong balance sheets
  • Downside protection with low probability of losing money
  • Preference for situations with a yield (whether annual or opportunistic, such as a dividend recap)
  • Flexible on time horizon and holding period
  • Ample lead time for Cockrell to perform our own due diligence
  • Our best diligence on a fund is completed during due diligence on a co-investment opportunity

Co-Investments

Minority

  • Investing alongside top quartile / decile investment managers
  • $20 - $50+ million check size, can upsize over time for follow-on capital
  • Durable businesses with strong balance sheets
  • Downside protection with low probability of losing money
  • Preference for situations with a yield (whether annual or opportunistic, such as a dividend recap)
  • Flexible on time horizon and holding period
  • Ample lead time for Cockrell to perform our own due diligence
  • Our best diligence on a fund is completed during due diligence on a co-investment opportunity

Directs

Majority or Minority

  •  Preference for founder / family-owned businesses
  • $25 - $100 million check size, larger in high-conviction situations
  • We can be a 1% owner or a 100% owner
  • Management team in place with deep industry expertise
  • Flexible on structure (common equity, convertible preferred, etc.)
  • Board seat and/or significant influence at the board level
  • Long-term time horizon (Cockrell has held certain assets for > 70 years)
  • High free cash flow generation that enables reinvestment and capital allocation
  • Aligned incentives among all executives and

Directs

Majority or Minority

  •  Preference for founder / family-owned businesses
  • $25 - $100 million check size, larger in high-conviction situations
  • We can be a 1% owner or a 100% owner
  • Management team in place with deep industry expertise
  • Flexible on structure (common equity, convertible preferred, etc.)
  • Board seat and/or significant influence at the board level
  • Long-term time horizon (Cockrell has held certain assets for > 70 years)
  • High free cash flow generation that enables reinvestment and capital allocation
  • Aligned incentives among all executives and

Directs

Majority or Minority

  •  Preference for founder / family-owned businesses
  • $25 - $100 million check size, larger in high-conviction situations
  • We can be a 1% owner or a 100% owner
  • Management team in place with deep industry expertise
  • Flexible on structure (common equity, convertible preferred, etc.)
  • Board seat and/or significant influence at the board level
  • Long-term time horizon (Cockrell has held certain assets for > 70 years)
  • High free cash flow generation that enables reinvestment and capital allocation
  • Aligned incentives among all executives and

Co-Investments

Minority

  • Investing alongside top quartile / decile investment managers
  • $20 - $50+ million check size, can upsize over time for follow-on capital
  • Durable businesses with strong balance sheets
  • Downside protection with low probability of losing money
  • Preference for situations with a yield (whether annual or opportunistic, such as a dividend recap)
  • Flexible on time horizon and holding period
  • Ample lead time for Cockrell to perform our own due diligence
  • Our best diligence on a fund is completed during due diligence on a co-investment opportunity

Co-Investments

Minority

  • Investing alongside top quartile / decile investment managers
  • $20 - $50+ million check size, can upsize over time for follow-on capital
  • Durable businesses with strong balance sheets
  • Downside protection with low probability of losing money
  • Preference for situations with a yield (whether annual or opportunistic, such as a dividend recap)
  • Flexible on time horizon and holding period
  • Ample lead time for Cockrell to perform our own due diligence
  • Our best diligence on a fund is completed during due diligence on a co-investment opportunity