A Focused Investment Approach
We identify opportunity, often amidst change…
Capitalize on opportunities arising from change at the company-specific, industry, and macro levels by taking the long-term perspective of an outright buyer of businesses.
by combining diverse viewpoints with thoughtful research…
Leverage a distinctive combination of deep industry expertise, global cross-border perspective, extensive networks, and disciplined bottom-up analysis to capitalize on behavioral and analytical inefficiencies in public equity markets.
in support of clients’ goals.
Develop powerful, enduring partnerships with clients by delivering strong risk-adjusted returns, candid communication, and thoughtful insights.
The ubiquity of information and application of AI underscore the importance of differentiated perspective, unique insights, judgment, conviction, and a long-term investment horizon.
High Conviction, Actively Managed Strategies
Perspectives
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03-06-2025
Notes From the Road: Turning Over Stones in the Andes
Many people travel to the Andes for its stunning landscapes, thrilling adventures, unique biodiversity, and ancient civilizations. For me, it is the underappreciated investment opportunities…
10-27-2025
International Equity Commentary | 3Q 2025
Recent media attention has highlighted the growing “circularity” within the AI ecosystem, as a small number of technology companies are simultaneously customers, investors, and vendors to each other. These interwoven financial arrangements have raised concerns about sustainability and systemic risk.
10-30-2025
Emerging Markets Opportunities Commentary | 3Q 2025
Emerging market equities continue to outperform developed markets, as many companies and countries defy trade-related concerns and continue to demonstrate economic resilience.
10-27-2025
Global Equity Commentary | 3Q 2025
Recent media attention has highlighted the growing “circularity” within the AI ecosystem, as a small number of technology companies are simultaneously customers, investors, and vendors to each other. These interwoven financial arrangements have raised concerns about sustainability and systemic risk.
07-25-2025
Emerging Markets Opportunities Commentary | 2Q 2025
Currency volatility, trade uncertainty, and resource constraints – particularly water – are reshaping the investment landscape in subtle but significant ways.
12-19-2023
Notes From the Road: Japan – A Story of Incremental Progress, Not Radical Change
I recently spent two weeks traveling in Japan, meeting with leaders across a range of industries, from banking to real estate to industrials to technology.
03-06-2025
Notes From the Road: Turning Over Stones in the Andes
Many people travel to the Andes for its stunning landscapes, thrilling adventures, unique biodiversity, and ancient civilizations. For me, it is the underappreciated investment opportunities…
10-27-2025
International Equity Commentary | 3Q 2025
Recent media attention has highlighted the growing “circularity” within the AI ecosystem, as a small number of technology companies are simultaneously customers, investors, and vendors to each other. These interwoven financial arrangements have raised concerns about sustainability and systemic risk.
10-30-2025
Emerging Markets Opportunities Commentary | 3Q 2025
Emerging market equities continue to outperform developed markets, as many companies and countries defy trade-related concerns and continue to demonstrate economic resilience.
10-27-2025
Global Equity Commentary | 3Q 2025
Recent media attention has highlighted the growing “circularity” within the AI ecosystem, as a small number of technology companies are simultaneously customers, investors, and vendors to each other. These interwoven financial arrangements have raised concerns about sustainability and systemic risk.
07-25-2025
Emerging Markets Opportunities Commentary | 2Q 2025
Currency volatility, trade uncertainty, and resource constraints – particularly water – are reshaping the investment landscape in subtle but significant ways.
12-19-2023
Notes From the Road: Japan – A Story of Incremental Progress, Not Radical Change
I recently spent two weeks traveling in Japan, meeting with leaders across a range of industries, from banking to real estate to industrials to technology.