Working with us will feel different than working with other firms because of the personality and values of our team. Just being smart doesn’t get you a job at BayHawk. You need to have the right combination of intellect, hustle, grit, and empathy. You have to be a good person who inspires trust in others and cares about those around them. We are committed to maintaining a small team which means we never have to sacrifice any of those qualities.
Each person on our investment team is empowered to be a decision-maker. You will never have to wonder if the person you are interacting with will change after the completion of a deal or if that person has the authority to speak for the firm. We have a bias toward action and are focused on efficiency and transparency in every interaction.
We believe that operating talent needs to be bespoke and embedded in the boards and management teams of our companies. Our top priority is getting the team right at each company. In parallel with that, we provide: (i) strategic thought partnership from a well-constructed board that leverages the depth of our sector-specific networks and (ii) all of our firm resources and infrastructure to execute follow-on M&A. We do not have our own internal team of operators that we intend to place inside your company.
We have a bias toward longer hold periods and extending duration on high-quality assets. Value creation takes time. Our belief is that the industry at large has become too focused on short-term generation of “IRR” as the primary performance metric at the expense of durable value creation. We believe a focus on long-term capital appreciation (multiple-of-money), while still generating strong IRRs, will produce better risk-adjusted investment outcomes over time. Our primary goal is to build great companies and hold them for as long as the situation merits, allowing us to compound returns over many years.