Azimuth has historically invested in two separate aspects of the energy space – underappreciated, Differentiated Energy Resource companies and Broader Energy Spectrum companies.
Our portfolio companies are generally private, early stage energy businesses that provide an opportunity for substantial growth in size and value. In addition to providing capital, Azimuth adds value to its investments through board representation and mentoring of management teams.
From a geographic perspective, the majority of Azimuth’s investments are based in North America, with a more selective allocation to international opportunities.
We have established the following fundamental investment principles:
- Invest in skilled management teams with superior technical expertise and vision that have a track record of value creation;
- Strategies must be differentiated, market relevant, and capable of generating globally competitive risk-adjusted rates of return; and
- At inception, capitalize business plans to achieve dual track relevance – compelling future opportunities for both strategic acquirers and the public markets.
Azimuth tends to be a lead and inception investor. Proactive, direct engagement with prospective management teams leads to approximately 90 percent of our fund investments. Corporate governance is important – it must be aligned with capital at risk. Azimuth partners are active, engaged directors of our portfolio companies. In addition, we encourage strong independent directors, which has been demonstrated to add value throughout the investment cycle.
Azimuth’s innovative co-investment program enables our limited partners to participate in substantial opportunities while providing capital to enhance the growth prospects of our portfolio companies.