Irth’s hybrid capabilities can generate returns from both public toe-hold stakes and full take-privates. A position can generate uncorrelated returns even if a control transaction isn’t consummated.
Irth capitalizes on market opportunities arising from corporate events while actively engaging with target companies to unlock value and drive transformation. By combining an event-driven focus with a hands-on approach, Irth funds target undervalued or strategically misaligned companies, leveraging operational improvements, governance enhancements, and strategic realignments to generate superior returns.
Irth’s strategy focuses on a concentrated portfolio of high-conviction investments in carefully selected companies. By maintaining a focused approach, we prioritize quality over quantity, investing in businesses with strong fundamentals, sustainable competitive advantages, and compelling growth potential. This strategy aims to deliver consistent, long-term returns by holding positions with a steadfast commitment to value creation, allowing for deeper engagement and alignment with the underlying companies' trajectories.
Irth’s portfolio allocation emphasizes a 70% focus on North America, targeting dominant markets with robust growth potential, while the remaining 30% is dedicated to the Middle East, specifically the Kingdom of Saudi Arabia and the State of Qatar. This strategic geographic diversification leverages the strengths of developed and emerging markets, providing a balanced approach to capturing global opportunities.
Irth typically targets companies within the $2–20Bn market capitalization range, focusing on mid-cap opportunities that offer an optimal balance between growth potential and stability. These companies often occupy strong niches in their industries, presenting opportunities for significant market share expansion and value creation. With better liquidity than small caps and greater growth prospects than large caps, mid-cap investments align with our strategy to uncover undervalued assets and unlock their full potential through strategic engagement and operational enhancements.