The investment objective of Spice Private Equity Ltd (the “Company”) and its subsidiary Spice Private Equity (Bermuda) Ltd (the “Subsidiary”) (together the “Group”) is to achieve long-term capital growth for shareholders by investing directly in companies (“Direct Investments”) and in private equity specialized funds (“Fund Investments”).
Direct Investments and Fund Investments may include investments in private equity and private equity related instruments and opportunistically in certain categories of credit products. Investments will typically be made through the Subsidiary. Net profits generated upon realizations will typically be re-invested.
Within the limitations of the Company's purpose and investment principles as stated in its Articles of Association the Board of Directors of the Company (“BoD”) may amend or supplement its Investment Guidelines.