Private Equity Funds
Livermore invests in both high growth opportunities in emerging markets and deep value opportunities in mature markets. The company invests directly in prospects where it can exert significant influence. Indirect investments are made through specialist private equity funds, where Livermore can negotiate rights to co-invest in portfolio companies.
Livermore’s investment portfolio includes leading investment firms and private equity funds focused on manufacturing, media, healthcare, emerging technologies, Aerospace and High Tech in Asia Pacific.
Livermore’s portfolio includes Romanian direct-to-home satellite television service, Television Group SA, BOOM. The company plans to leverage on the growth of the Romanian economy, increased spending by its expanding middle class and the low penetration of digital television service in the country. With a market potential of 7.6m homes and regulatory encouragement to switch from analogue to digital reception, Boom is well placed to capitalize on a tremendous window of opportunity.
Livermore is invested in Montana Tech Components, a leading components manufacturer in the fields of Aerospace Components, Metal Tech and Varta Micro Power located in Austria. Montana pursues a sustainable growth strategy by focusing on growth sectors featuring advanced components, smart technologies and by outsourcing labour-intensive processes to Eastern Europe and Asia as well as by making add-on acquisitions. Montana reported net income of EUR 29.2m for 2007, which represents year-on-year growth of 15.2%.