Over 25 years ago senior executives from the financial and life sciences sector came together to discuss how to best turn their successes and wealth into meaningful and long-lasting value. Most had contributed time and donations through foundations, philanthropy and board membership. All agreed that these activities were not measurably rewarding.
After deliberation and discussion, the group concluded that the only true measure of successes was increased employment and that CES Capital Group would be formed with the creation of jobs as one of its essential goals. In the past CES Capital Group senior executives experienced this success by the creation of new employment from entities that they either invested in or started that eventually created jobs, jobs that would have otherwise never existed.
Additionally, it was clear that no one wanted to “manage” capital for others.
None wanted the responsibility or the restrictions that typically apply to managed capital. With that in mind it was clear that all capital that was to be deployed had to come from the members themselves and eventually from “winnings” generated over the years.
Moreover, the group felt intensely that no investment would be made unless there was a hands-on approach where a daily involvement in the portfolio company was mandatory. Each member readily committed to working shoulder to shoulder with the management of each portfolio company.
Lastly, the group did not want to make any investment unless it was clear who the buyer of the company would eventually be. Not knowing who potentially would buy the company was like jumping on a train and not knowing where it was going.
These four conditions made for the foundation of CES Capital Group and continues today with a legacy of solid investments without fanfare or announcement.
To learn more about our group, it’s founders and workers and to learn more about our portfolio of companies please contact us.