Investments

Size of Equity Co-Investment

• $50 million to $150 million per transaction (can be larger)
• Follow-on investments in portfolio companies as required

Investment Criteria

• SCIP can make co-investments only (neither SCIP nor any of its affiliates have any entity that leads transactions)
• SCIP’s investment objective is to seek investment opportunities with top tier returns

Investment Preferences

• Lead Sponsor combined with a SCIP Co-Investment constitutes a controlling interest in the target company
• SCIP has a global investment mandate
• Appropriate minority investment governance provisions

Types of Transactions

• Buyouts, recapitalizations, going privates, corporate divestitures, non-leveraged growth capital investments, as examples

Additional Criteria

• SCIP invests directly into the securities of the target investment (no fund investments)
• No real-estate development, high technology, venture