Founded in 2006 and managed by Gresham House Asset Management, LMS Capital plc is a fully listed private equity investment company based in London. The company's primary focus is on direct investment in the smaller end of the UK private equity market, targeting a return on equity of 12-15% per annum over the long term through capital gains and income yield. LMS Capital invests in real estate, energy, and late-stage private equity funds, attracting family offices, high net worth investors, and others with its co-investment opportunities and investment character.