We founded Shillings Capital in 2019 with the primary objective of maximising risk-adjusted returns for our investors, coupled with prudent risk management. The lower mid-market is overlooked by the mainstream private equity ecosystem and represents the most attractive investment opportunity in Australia and New Zealand today, as it is characterised by less competition, less intermediation, and deal flow which tends to be relationship driven. In our experience, this results in lower pricing and debt levels, better value creation, alignment, and ultimately lower volatility and higher returns