Rockwood Realisation PLC

Rockwood Strategic Plc focuses on PIPE, pre-IPO, growth and acquisition, and recovery capital investments. It invests in financial services, media, information and communication technology, digital information and technology, healthcare, and life sciences. The fund prefers companies based in the United Kingdom and Europe, and may co-invest outside Europe with local venture capital firms. It targets companies with market capitalizations below £250 million ($316.50 million), acquiring stakes of 5% to 25% for cash or shares, with an investment horizon of three to five years. It invests in both smaller public companies—including those listed on the FTSE All-Share and AIM All-Share indices—and private companies. The fund targets a long-term net IRR of 15%.