What We Do
We believe that thematic investing will generate sustainable superior returns, and we partner with the most recognized specialists in every theme to access the best opportunities in Private Markets in North America and Europe.
We believe that thematic investing will generate sustainable superior returns, and we partner with the most recognized specialists in every theme to access the best opportunities in Private Markets in North America and Europe.
Praesidium’s approach is to invest only in the most attractive verticals, which will benefit from higher growth and strong tailwinds brought by secular trends.
Our verticals have historically produced superior performance and shown greater resilience across cycles, as well as during major market dislocations.
Feeding the world sustainably will require dramatic changes to the entire agricultural and food value chain. We believe that disruptive technologies in this vertical will shape the world of tomorrow. Moving early to build a leading position will allow us to stay abreast of what will possibly be the fastest growing industry globally and contribute to the creation of some of the future leaders.
Technology has been, and is increasingly, the main engine of innovation in the economy and the biggest contributor to global growth. We believe that positioning ourselves as backers of the best software, digital media, fintech and digital healthcare businesses in the US and Europe will allow us to benefit from the increased pervasiveness of technology in the global economy.
Major demographic trends in the Western World, alongside big dislocations due to unprecedented events like the Covid-19 pandemic, are putting evermore strain on the healthcare systems. We believe there is a long term opportunity to back extraordinary businesses in primary care, healthcare services, medical devices, biotech and life sciences, and that those businesses will be favored by profound factors not expected to dissipate for decades to come.
The US Mid-Market has several advantages versus general large buyout investing, notably lower entry valuations for smaller companies, lower leverage, strong industry expertise of its key players and a significantly larger universe of target investments. Multisector managers can benefit from these characteristics further by being opportunistic in finding opportunities. Other managers are focused on niche sectors with specialized expertise, which provides a huge competitive advantage for sourcing new investments and generating outsized returns.
Buying companies needing help and support to turn around or to reignite growth as a consequence of a carve-out or weak prior management teams constitutes one of the historically best performing areas of Private Equity. We strive to identify the best experts in turning around complex situations and capitalize on their ability to generate solid returns in good economic cycles and outsized returns during times of distress.
VC has traditionally been a binary industry: a very restricted group of extremely successful firms, historically based in Silicon Valley, and thousands of other firms spread across the globe. Many of the innovative successful listed companies and unicorns have been backed by the first group, whose members have gained a disproportionate reputation over decades of success and are often closed to new investors. Our strategy is to back some of the most iconic names in Silicon Valley and benefit from their unique capability to capture the best innovation in the world.