Investment process
How we choose investments
We apply fundamental economic models to identify structural winners that will capture a larger share of the global economy.
Four screens
What we look for, and what it produces.
Consolidated industry structure and high barriers to entry
Essential goods or services
Dominant competitive advantages
Dominant position relative to customers and suppliers
Philosophy
Curated dominance over a blind menu of allocations.
We leverage decades of experience in private equity and hedge funds to diligence and curate a portfolio of dominant businesses that are significantly advantaged to win over the long term.
We believe this is a far superior approach to a blind menu of index allocations designed by large institutions and sold through sales reps, or exposure to low-quality, speculative bets that serve the short-term interests of the manager at the expense of the client's long-term objectives.
Our strategic focus, rigorous fundamental analysis, and active risk management create the best path to protecting and growing generational wealth.
Alignment
We invest our own capital on the same terms.
We are personally fully invested alongside our clients and have reinvested 100% of our fees into the strategy every year since inception.
Our client-partnership model benefits from a deep and mutual understanding of aligned objectives. Our Chief Investment Officer holds regular office hours to ensure an open line of communication and a direct relationship with every client-partner.