Southeast Asia · $10M–$500M Revenue Focus

We acquire.
We fix.
We scale.

Aeternus Ludus Inc. takes controlling stakes in established middle-market businesses. We install systems in 90 days, consolidate fragmented industries, and exit at 3x minimum — all backed by data, not narrative.

Firm Rules

  1. Independent due diligence. Founder sign-off on all term sheets above $5M.
  2. Minimum 3-year hold. Maximum 7 years. Exceptions require unanimous board vote.
  3. Portfolio CEOs invest minimum 5% of annual cash compensation into their company equity.
  4. Leverage capped at 3.5x EBITDA. No covenant-lite. No synthetic debt.
  5. LP reports within 21 days of quarter close. No delays. No omissions.
  6. Final authority on any sale, major acquisition, or change of control rests with Chreynillo T. Visto.

Investment Thesis

Middle-market companies with fixable operations. Defensible margins. Pathway to market leadership within five years.

$10M–$500M Target Revenue
3–7 yrs Hold Period
3x min Exit Multiple
90 days Systems Installation

Three Strategies

A

Buy & Build

Acquire a platform company in fragmented industries. Then add 3–5 competitors within 24 months. Extract G&A, procurement, and route efficiencies through consolidation.

B

Operational Overhaul

Target companies with declining margins but strong revenue base. Replace management within 90 days if necessary. Install standardized KPIs: inventory turns, DSO, asset utilization. Tie manager bonuses directly to those metrics.

C

Geographic Arbitrage

Acquire Philippine exporters or Japanese manufacturers with aging ownership. Relocate non-core production to lower-cost ASEAN regions. Keep sales and quality control in the home country. Use Singapore as the treasury hub.

Capital Structure

Fund I Target
$150M

40% Institutional Limited Partners
30% Family Offices
20% Founder Capital + Reinvested Gains
10% Co-Investment Partners (per deal)
Management Fee 1.5% on committed capital
Carry 20% with 8% hurdle rate
Transaction Fees None
Monitoring Fees None

Operations

Iligan City Philippines — Headquarters

Operating base. Final decision authority on all deployed capital.

Singapore Treasury & Fund Management Hub

Exempt fund manager. LP relations. Cross-border capital deployment.

Tokyo Japan Market Access

Acquisition targets in aging manufacturing sector. Quality control hub for ASEAN relocation strategy.

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Aeternus Ludus Inc. means permanent discipline — not eternal play. Every decision is structured. Every acquisition is earned. Every exit is measured.

Founder's Mandate · Chreynillo T. Visto