Middle Market Focus
We believe that the risk-adjusted returns are superior in the middle market due to greater inefficiency in this market segment and an overabundance of capital held by multi-billion dollar private equity funds.  We typically invest in businesses that have at least $50 million of existing revenues and $10 million of operating income. Our equity investments typically range from $10 to $100 million.

Industries with Attractive Fundamentals
We have a disciplined, analytical approach to evaluating industries for investment. In general we target large and fragmented industries with secular or cyclical growth.

Proven Business Models
We look for businesses with unique business models differentiating them from their competitors. In all cases we carefully analyze the future risk-adjusted cashflows and the unit economics of businesses that we review and assess their ability to earn high returns on incremental capital.

Leveraging the Firm’s Relationships
We look to invest in industries that leverage the experience of Greenhill’s partners and officers, while at the same time carefully avoiding conflicts with Greenhill's advisory clients.

Proven Management Teams
We partner with focused, driven management teams with demonstrated track records of excellence, motivated by equity ownership in their businesses.

Utilizing the Experience of Our Investment Team
The Fund's managing members have over 100 years of collective investment, M&A and restructuring experience and have worked together for much of the last 15 years.