SUCCESSFUL AND SUSTAINABLE BUSINESSES REQUIRE ROBUST GOVERNANCE
Greenview Capital is committed to the highest standards of corporate governance and we have a well-established and effective corporate governance framework.
Greenview Capital Group Senior Management Committee
The Senior Management Committee manages Greenview’s operations and comprises Dave Seeburger and Jeff Geloneck. It meets regularly to discuss all aspects of the firm’s day-to-day management including strategic direction, stakeholder relations, personnel and corporate responsibility matters.
Dave and Jeff have worked together for over seven years and bring complementary skills, experience and styles.
Each of Greenview’s private equity and real estate funds is managed by a General Partner which is responsible for all investment, divestment and portfolio management decisions.
The Board of each General Partner is constituted by both Greenview professionals and non-executive directors.
There are two Executive Directors: Dave Seeburger and Jeff Geloneck. They each undertake a general evaluation of every deal and bring a particular focus to the approval of potential investments based on their own experience. Either Executive Director can veto a deal.
Dave Seeburger focuses on determining whether a transaction has acceptable levels of legal and reputational risk, whether it is a transaction that is attractive to Greenview in the context of its investment strategy, and if Greenview has the internal resources to deliver what the sponsoring team is proposing.
Dave also focuses on the financial structure of transactions and the make-up of the portfolio in the fund as a whole. He reviews the jurisdictional risk within a deal, whether the financial and structural imperatives needed for the transaction exist and ensures that there are sufficient ongoing dedicated operational resources within Greenview, and within the portfolio business to deliver the objectives of the business plan.
Jeff Geloneck focuses on determining whether the risk/reward ratio of a proposed transaction is attractive. He reviews the proposed strategy for the target business and forms a view on its likelihood of success and economic value add.
We aim to build exceptional management teams in our portfolio businesses. We put in place the necessary capability and incentives to ensure robust governance at a company level and see that our strategy and performance improvements are implemented effectively.
We strengthen management if necessary by combining the existing team with new experts. These will often come from outside the sector to bring a fresh perspective.
Greenview’s portfolio businesses have corporate governance boards, to which Greenview approves and/or appoints directors. Greenview will typically take seats on each board. Part of their role is to ensure that the executives provide the Board with reporting of sufficient detail and frequency to enable it to perform its governance role.
In addition, Greenview supports the portfolio businesses through its operational experiences and systems where possible.