| Investment Objective | Provide a positive return on investment over the long-term through the management of distressed companies and assets. |
Investment Strategy |
Capitalize on opportunities primarily through the acquisition of distressed assets and debt while also recognizing other strategic assets. |
Acquisition Strategy |
Gain equity control of distressed companies through the purchase of fulcrum security positions. |
Operating Strategy |
Seek to return companies to profitability through operational expertise, financial controls, equity infusion and debt restructuring. |
Situations |
Middle-market companies, with revenue up to $250 million, struggling due to poor capital structure, mismanagement and/or owner interference. |
Industries |
Building Materials, Manufacturing, Consumer Goods, Energy, Energy Services, and Real Estate. |
Transaction Size |
Between $5 and $50 million unleveraged equity position. |
Leverage |
Chiron may, as appropriate, leverage its investments. |
