Investment Strategy

A highly differentiated investment approach designed to generate superior capital appreciation over time

quote

Public equity markets, like the ocean, reward preparation, focus and managing the controllable variables well. At the same time, they punish overconfidence and lack of preparation. Discipline, persistence, and consistency are key to winning.

Alex Roepers, Founder & CIO

Investment Approach

  • High Conviction: Concentrate capital and research on highest conviction investment ideas
  • Defined Investment Universe: Carefully defined universe of mid-cap undervalued global industrial/consumer equities
  • Global Research: Collaboration of research footprint across sectors and regions
  • Constructive Activism: Engage with management and board to enhance and accelerate shareholder value
  • Strict Valuation Discipline: Strict adherence to buy/sell cash flow-focused and EPS metrics
  • Active Position Sizing: Maintain liquidity to deliver incremental alpha via opportunistic trading around positions
Target Universe - 14,500 Public Companies

Representative Examples of
Constructive Engagements

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With public equity investing, much like competitive sailing, do not get rattled by every big wave hitting you.  Keep your eye on the horizon and stay the course.

Alex Roepers, Founder & CIO