Founded in 2002, the firm aims to compound capital at attractive risk-adjusted rates of return by being long-term owners of businesses and by participating in opportunistic situations.
Our investment philosophy is rooted in deep fundamental research, long-term thinking, and a value-oriented, contrarian approach.
We run highly concentrated portfolios to allow for greater depth and stewardship of the companies we own. Understanding where our edge lies is central to our work.
Our culture is grounded in ethics, curiosity, accountability, alignment of interests, and teamwork. These principles guide how we operate — what we call the craftsman’s journey.
We commit a meaningful amount of our own capital alongside global institutions, families, and other long-term, like-minded investors.