Private Equity
Controlling and significant minority stakes in established, cash-generating European businesses.
01Venture Capital, Real Estate & Private Equity Fund.
About the fund
SBLW is a private investment fund, holding and stewarding a multi-asset portfolio.
We own & provide services to operating businesses, venture positions, physical property and durable digital assets. There is no fund life to run down and no exit clock, so we are free to buy things worth keeping, scale them and then actually keep them — improving each asset rather than dressing it up for the next owner.
What we are compounding is not only capital. Every position has to earn its place against six pillars we care about: freedom, sustainability, culture, innovation, research, and the plain question of whether people's lives are better for it. Those are not a layer painted over the returns. They are the values that decide who we will and will not work with.
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Portfolios
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Guiding principles
EU
Investment region
2000
Formation year
What we invest for
Six tests, applied to everything we own.
A holding does not have to score on all six. It does have to score on some of them, and it must not work against any.
- 01 Freedom Held without permission
- 02 Sustainability Solvent at true cost
- 03 Culture Appreciates when cared for
- 04 Innovation New capability, not packaging
- 05 Research Funding the finding out
- 06 Better lives Someone is better off
Investment classes
Four portfolios, one balance sheet.
Each book is managed on its own terms, but capital, property and people move between them deliberately — the operating companies rent from the property book; the property book is financed by what the operating companies return.
Start-up & Scale-up
Early and growth-stage venture positions in founders building genuinely new capability.
02Real Estate
Direct holding and development of physical property — commercial, residential and mixed-use.
03Digital Real Estate
Domains, platforms, publications and audiences, held with the same discipline as property.
04The portfolio itself is private. Holdings, valuations and pipeline are available to counterparties and partners with a passphrase. Request access if you need it.
Talk to the fund.
Investment enquiries, research proposals, media requests and complaints all reach the same desk.