Our Family of Companies
western & southern financial group logo
western & southern life logo
columbus life logo
eagle realty group logo
Fabric by Gerber Life
fort washington logo
gerber life logo
integrity life logo
lafayette life logo
national integrity life logo
touchstone investments logo
w&s financial group distributors logo
workers transposed over city skyline

Private Equity Approach

FW Capital seeks to use a rigorous and disciplined investment process to implement its investment strategy. The process is segmented into four fundamental stages: (i) investment theme development, (ii) fund landscape assessment, (iii) fund selection, and (iv) portfolio management.
Business team collaborating in a city background.

Investment Theme Development

  • Flexible approach to market opportunities
  • Leverage market insights
  • Limited market timing; focus on long cycle or secular trends
City view and skyline of Madrid.

Fund Landscape Assessment

  • Proactive and outbound sourcing effort
  • ~20-50 funds within each sector
  • Patience to wait for the right fund
  • Continuous process - revisit and reassess
Business team collaborating with a glimpse of the city.

Fund Selection

  • Differentiation - manager value add
  • Investment judgement
  • Alignment of interests
  • Less reliance on leverage
  • Capital preservation
  • Avoid herd mentality
Architectural Column

Portfolio Management

  • Prudent portfolio diversification and allocation
  • Seek balance across vintage year, strategy, and industry
  • Portfolio of ~25 funds over ~ 3 vintage years (7-9 funds per year)
  • Seeks to be well diversified across strategies and sectors
  • ~25% of portfolio non-U.S.; ~25% in secondaries and direct investments


Our philosophical foundation underpins a commitment to an approach that we believe can create repeatable outcomes for our limited partners.
Explore Philosophy


Our team of experienced professionals has both diverse and varied backgrounds. 
Explore Investment Team

Connect With FW Capital

Email Us
This is a simplified representation of a complex process and steps may be modified, omitted, re-ordered, or supplemented in actual investment approach and process.