What is Capria Quantum?
Capria Quantum is our proprietary, comprehensive and holistic capabilities assessment tool which we use in conjunction with all of the Capria Network fund managers. It generates actionable insights based on:
- Decades of global investing experience across the Capria team
- Unitus Group’s 12+ years of fund creation and management activities
- Capria’s experience in evaluating and reviewing nearly 400 fund managers from around the world over our past 4 investment cycles
Excellence in investment management is a journey that requires constant learning, evolution and improvement which is why the Capria Quantum tool is relevant for both experienced and novice fund managers. We don’t know a single firm in the world that would have a perfect score when authentically assessing themselves against each of the 75 elements within the assessment.
The results of Capria Quantum will help you benchmark your capabilities, skills and needs in comparison to those of dozens of other fund managers who have taken the assessment. You will have all the information you need to develop a plan and then accelerate your firm’s growth and overall capabilities. We also frequently see that individual partners within firms have differing opinions on key elements. Quantum exposes these differences, allowing you to further dissect key areas that are vital to your growth as a team.
Elements of Capria Quantum
The descriptions below explain what a world-class fund management firm looks like across each of the 8 Capria Quantum categories. Naturally, teams will be further along in some areas than others. This is particularly true for first time fund managers. Once Capria engages with a new partner, we look to see traction and momentum in each of these areas and see commitment from the team to the long-term growth of the firm, not just one fund. As fund managers (yes, Capria is an operating fund manager too), it is important for all of us to recognize our strengths and weaknesses in each of these areas. Working deeply with the fund managers in the Capria Network is what drives us. Fund managers also have the opportunity to collaborate deeply with other fund managers in the Capria Network to tap into the knowledge, expertise, and global connections each fund manager has to offer.
The eight categories of Capria Quantum include:
|1. Team and Foundational Skills – An exceptional, high-performance, complete, complementary, capable and continuously learning team that is contributing to and participating in the growth of the firm’s success. Skills that partners of investment firms master to manage and operate their businesses on a world-class basis.|
|2. Operations – Reliable, effective operating processes, systems and policies developed that enable you to consistently deliver quality execution on a cost-effective basis.|
|3. Governance & Advisors – Effective governance policies, structures and processes are in place; recruit and get the most from highly qualified advisors.|
|4. Branding, Marketing & Business Development – A leadership brand identity and reputation, and market engagement that increases the flow of partners, entrepreneurs and investors that seek out and work with you.|
|5. Fundraising & Investor Relations – A clear, concise, compelling fund strategy and supporting materials that stand out amongst the 100’s of proposals reviewed by LPs. Robust and growing relationships with current and prospective LPs that are progressing into long-term trusted investment partners as you help them to deliver on their investment goals and make them stars in their organizations.|
|6. Pipeline Development & Investment Process – A set of proprietary comprehensive deal sourcing strategies and partnerships which enable you to find and attract the best investments. An efficient and thorough process to evaluate investment opportunities, standardize investment terms and to close win-win investments with the best entrepreneurs and investment opportunities.|
|7. Portfolio Management, Support & Returns – An efficient and effective portfolio support process including goal setting, monitoring, and engagement processes that support the successful operations and growth of invested companies. A focus on exits that produce market-leading, timely returns.|
|8. Impact Measurement, Reporting & ESG Policies – Impact strategy and objectives fully developed and implemented clearly differentiating firm with buy-in and commitment from all partners and constituents. ESG policies are state of the art and aligned with leading development institutions.|
|9. Diversity, Equity & Inclusion – The fund manager has a framework to develop an integrated diversity, equity and inclusion strategy applying the local context, and has the systems to create an inclusive culture at the firm, both internally amongst the team and externally in engagements with entrepreneurs and investors.|
We’ll offer you the ability to take the Capria Quantum assessment after receiving your complete application. If we move forward with one another, we will use Capria Quantum tool as a foundation upon which we work together collaboratively to define a roadmap for building your firm over time, starting with the fund that you’re currently raising. As we engage with our partners, we typically focus on areas with the greatest potential for improvement first, but we ensure your progress in all eight areas over the course of our multi-year partnership. Fund managers in Capria Network take the Capria Quantum assessment every six months to gauge progress and assist in their planning, ensuring that we all can see the impact of our investment and measure the fund’s progress.
You can try a Quantum Lite version by signing up for Capria Edge here.
If you have a committed team with strong investing experience that is launching a new fund (which may be your first, second, third or later fund) and are looking to enhance your investment firm, we look forward to connecting with you and sharing valuable insights from Capria Quantum.
We are reviewing applications on a rolling basis. You can request the application for our investment cycle now.
P.S. Gaining access to a comprehensive capabilities assessment that’s actively used as the foundation of multi-million dollar engagements is no small thing – we hope you’ll take the Capria Quantum opportunity seriously, and benefit from it accordingly.