Onward Opportunities Limited targets a return on investments of at least 2.0x invested capital over a three-to-five-year hold period, aggregating into a total annualised return of at least 15 per cent, per annum in smaller companies. The company will typically target meaningful minority stakes in investee companies of between 5% and 25%.
Whilst the company has no limitation on the size of the market capitalisation of the companies in which it can invest, the company typically expects to invest in companies with market capitalisations of no more than £250m, with a particular focus on those below £100m, at the time of investment. The company will therefore focus on investments in the ‘micro’ smaller companies sector, and on companies admitted to trading on AIM.
you can find the company’s website here