Our goal is to generate attractive, risk-adjusted returns over the long term. While we are committed to the core principles of value investing, we also recognize that markets and opportunities evolve quickly. This requires us to be adaptable in how we apply these principles, allowing us to tap into opportunities across a wide range of industries, regions, asset types, and securities. Consequently, the composition of our portfolio will naturally shift over time as we respond to changing opportunities—a strategy that we believe helps both reduce risk and enhance returns.

Our approach to investing is grounded in a bottom-up search for undervalued opportunities, one investment at a time. We often focus on unique, less-traveled areas of the market, where we believe assets are undervalued.

We remain disciplined, always anchored in valuation and fundamentals, while actively seeking catalysts that can reduce reliance on broader market movements to achieve results. Although we aggressively seek compelling returns, we are equally focused on managing and mitigating downside risk. This is achieved through thorough fundamental research, selecting investments with clear value catalysts.