Founded in 2019, LongRange Capital was formed to take a longer-term perspective to investing and to build stronger middle market businesses through a company-focused and customer-first philosophy. We are currently investing a highly flexible $1.5 billion committed capital pool backed by long-term institutional investors. Our capital offers the flexibility to be either a majority or minority owner as well as a partner to corporations, families, business leaders and other shareholders for companies headquartered in North America or Europe.
Regardless of ownership position, location, size, or investment level, we attempt to deliver a practical and differentiated approach by identifying and solving complex business challenges and implementing bespoke solutions. Over multi-decade careers, our principals have accumulated significant experience in many sectors and investment types. Given our team's breadth of industry experience, we are able to provide differentiated perspectives to management teams by leveraging learnings from other industries and other segments of a given industry's value chain. Our collaborative workstyle, non-financial engineering approach, multi-sector and situational experience, tailored capital flexibility, and willingness to identify solutions through multiple, differentiated perspectives set us apart.
LongRange invests in opportunities to partner with management in driving growth and value creation through operational enhancements and strategic initiatives. In addition to structural flexibility, we have the ability to invest across different industries and geographies. Our targeted investments in private companies include the following selected criteria:
Our principals have a long track record of assisting management teams in developing better businesses through a variety of value-creating initiatives. Several of our team members have direct operating experience and bring a differentiated approach of working directly with management to assist portfolio companies in delivering greater value to their customers and being rewarded for doing so. We are not financial engineers and we view excessive leverage as an increased and unnecessary risk to the business.
LongRange has significant expertise in using data, analytics and technology to improve operations, and ultimately, to deliver better service to customers, which will be extremely valuable as we identify and invest in new opportunities for sustainable growth.