CALERA CAPITAL'S approach to investing is to acquire businesses with attractive
operating fundamentals and then work in partnership with management to strengthen
the strategic and financial position through growth strategies and operating
improvements. Our commitment to earning returns through enhancing the long-term
fundamental value of a business rather than through the use of excessive leverage
is evidenced by the fact that Calera Capital's portfolio companies each
have relatively conservative capital structures, mitigating risk and providing
each with the financial leverage to grow.
ENHANCING OPERATING PERFORMANCE TO DRIVE INVESTMENT RETURNS
Ironshore is a diversified specialty commercial insurance enterprise with experienced
management, a highly skilled staff, and a superior balance sheet. Based in Bermuda,
Ironshore operates on a strategic philosophy of measured, prudent risk assumption
and aggregate management combined with an enterprising, forward-thinking approach.
"Calera Capital is a management friendly organization. The investment
team worked hard to understand our business at the outset and was responsive
to our objectives and timing requirements. We know that they have high
expectations of us and the business and have found them to be a helpful
and constructive partner in pursuing our shared vision for the company."
Robert V. Deutsch,
CEO, Ironshore Inc.