Conversus Capital, L.P. (Euronext Amsterdam: CCAP) (“Conversus”) is a Guernsey limited partnership formed in 2007.
On completion of its global offering of non-voting common units in July 2007, Conversus purchased a multi-billion dollar portfolio of high quality, seasoned private equity fund interests from certain affiliates of Bank of America Corporation. Conversus’ objective is to provide unit holders with immediate exposure to a diversified portfolio of private equity assets, access to best-in-class General Partners and consistent Net Asset Value growth that outperforms the public markets.
Conversus is distinguished as a unique and attractive investment vehicle by the following features:
- Conversus holds a Best-in-Class investment portfolio of exceptional quality that is diversified, mature and cash flowing, placing us at an attractive point on the private equity J-curve;
- Conversus has the tools necessary to stay on the upswing of the J-curve. With our flexible investment strategy, we have the ability to seek the best risk-adjusted returns from primary fund commitments, secondary fund purchases and direct co-investments. Through secondaries and directs, we maintain a mature cash flowing portfolio;
- As a public company, Conversus has all the relevant corporate finance tools to maximize the efficiency of our balance sheet and operate with minimal cash drag;
- Conversus has an investment team with the expertise and relationships to source and evaluate outstanding primary fund commitments, secondary fund purchases and direct co-investments, augmented by dedicated deal flow from our sponsors, Bank of America Corporation and Oakhill Investment Management;
- Conversus is built on the framework of a robust corporate governance structure that aligns the interests of investors with the interests of management for the long term.
These competitive advantages drive our mission; to provide immediate access to top-tier private equity, and steadily build Net Asset Value at a rate that consistently outperforms the returns on public equities.