Areas of Activity

We apply our investment philosophy across complementary strategies, always focused on long-term value creation.

Investment Strategies

Our activity is concentrated in areas where we have proven expertise and real competitive advantage. We do not seek to be in every market — we seek excellence in the areas we choose to operate.

Each strategy follows the same fundamental principles: analytical rigor, focus on quality, and long-term horizon.

Equities

Stocks and Holdings

Investment in listed and unlisted companies with a focus on deep fundamental analysis. We seek businesses with durable competitive advantages, quality management, and significant appreciation potential relative to entry price.

Our approach prioritizes concentration in high-conviction ideas, with investment horizons measured in years, not quarters.

  • Proprietary fundamental analysis
  • Focus on quality and margin of safety
  • Long-term horizon
  • Concentrated portfolio

Private Credit

Structured Fixed Income

Allocation in selected private credit instruments, with emphasis on credit risk analysis and appropriate collateral structuring. We prioritize transactions where the risk-return relationship is clearly favorable and protection mechanisms are robust.

Our experience in credit analysis allows us to identify opportunities in segments less accessible to the common investor.

  • Rigorous credit analysis
  • Collateral structuring
  • Issuer selectivity
  • Focus on capital preservation

Alternatives

Special Situations

Tactical allocations in special situations that do not fit traditional categories. These include restructurings, distressed assets with recovery potential, and opportunities arising from temporary market dislocations.

This category represents a smaller portion of the portfolio and is activated only when we identify exceptional asymmetries.

  • Deep situational analysis
  • Disciplined timing
  • Active position management
  • Opportunistic allocation

What Unites All Strategies

Regardless of asset class or specific strategy, our approach maintains consistency in its fundamental principles:

  • Structured and repeatable investment process
  • Focus on intrinsic value, not market momentum
  • Risk management integrated into all decisions
  • Total transparency with our investors
  • Alignment of interests through co-investment

Explore Our Governance

Understand how we structure our processes and controls.

Governance & Principles →