INVESTMENT APPROACH
A flexible platform for diversified,
high-conviction capital deployment
KAAF’s flexible platform allows us to construct a diversified portfolio across geographies and the full investment spectrum - from early-stage opportunities through growth and mature businesses. Our team maintains an extensive deal & fund sourcing network across the globe, complemented by proprietary benchmarking tools that identify top-performing managers. The investment process is built on bottom-up fundamental research and long-term value creation.
.png){kind=small}
01
Liquid Strategies
Concentrated, high-conviction long-only portfolio of 10-15 high-quality businesses. Bottom-up fundamental research drives every position.
.png){kind=small}
02
Illiquid Strategies
Selective direct investments and fund commitments where leadership, organizational culture, competitive advantages, and growth determine conviction.
FUND SELECTION
The cornerstone of KAAF
Our relationship with leading GPs and our proprietary approach to evaluating and selecting high-potential managers are the cornerstone of the platform
Strategy & Mandate
-
Investment Strategy
-
Portfolio Construction
-
Target Stage & Size
-
Entry Valuations
-
Geographic & Sector Focus
-
Sourcing and Access to proprietary deals
-
Involvement in underlying companies
-
Exit Strategy
Team & Alignment
-
Size and Suitability
-
Specialization
-
Leadership and Succession
-
Team Stability / Rotation
-
Attribution
-
Distribution of Carried Interest
-
GP Commitment
Track Record
-
Competitive Analysis
-
First Quartile Returns
-
Loss ratios / write-downs
-
Case studies of "Winners" and "Losers"
-
Distribution of LPs and time frame
-
Use of leverage
-
Valuation and return analysis
Structure & Terms
-
Type of Structure
-
Legislation
-
Fund Size
-
Fees and other expenses
-
Suitability fees to team size
-
Alignment with market standards
-
Other relevant terms
INVESTMENT SELECTION
Targeting risk-adjusted returns.
We pursue deals on the strength of their merits - not because they fit a rigid template. Four pillars frame every investment decision.