Technology Focus: The Company will be repositioned to have a broad and open investment mandate, focused on technology related businesses and other businesses with disruptive business models.
Experienced Manager: The Company will appoint Thorney Management Services Pty Ltd, as investment manager. Thorney Management is also the investment manager of the listed Thorney Opportunities Ltd, which is an ASX-listed company with net tangible assets in excess of $120 million.
An absolute return focus: The Company will pursue an absolute return focus over the medium to long term.
Exposure to listed and private businesses: The Company will have flexibility to invest in a wide range of investment opportunities covering listed and private companies, and a wide range of different types of securities, from shares, to convertible notes and other instruments.
Exposure to Australian and global opportunities: The Company will have the opportunity to invest in Australian and global business.
Investments across the business life-cycle: The Company will have the opportunity to invest across all stages of the business life cycle from start up to well established businesses.