What We Do
Our Sector Expertise

Our team leverages broad experience across the financial and business services landscape. We are passionate about finding and backing sector-leading companies.

Our Sectors
Our Millennium Focus
Focus
Rationale
Indicators
World-Class-Teams World-Class-Teams_yellow
World Class Teams
Rationale

Most of our job is finding and supporting great teams. If we can do that well, the rest typically takes care of itself.

Indicators
Aligned equity incentives
Growth-Stage Growth-Stage-yellow
Growth Stage Companies
Rationale

Growth stage can be defined in many different ways. In our mind, the question is no longer, “How can we get this company off the ground?” but rather, “How can we maximize its potential?”.

Indicators
Typically at least $5 million of run-rate revenue
Sector-Experts Sector-Experts-yellow
Sector Experts
Rationale

We play in areas that we know well from years of focused investing. We apply the full breadth of our knowledge and networks to advance the interests of our portfolio companies.

Indicators
Financial and business technology
Flexible-Millennium-Structure Flexible-Millennium-Structure-yellow
Flexible Millennium Structure
Rationale

We tailor deal structures to accomplish a company’s objectives, rather than force deal terms to fit an arbitrary Millennium box.

Indicators
$20 million to $100 million equity checks; minority or majority ownership stakes
Sound-Fundamentals Sound-Fundamentals-yellow
Sound Fundamentals
Rationale

While the relevant metrics are different for every business, we believe that great, enduring companies can only be built on solid fundamentals.

Indicators
Capital efficiency and unit economics