Strategy Overview

The strategy follows a dual-track capital deployment approach, investing across both listed and select pre-IPO opportunities.

The liquid equity portfolio focuses on high-growth businesses across emerging sectors, while the unlisted allocation seeks early-stage value creation within structurally evolving industries.

This construct balances liquidity with long-term opportunity, allowing capital to be deployed across different stages of growth with the objective of generating asymmetric return profiles.

Investment Process

A structured, funnel-based process converts a broad universe into a focused portfolio of high-conviction investments.

  • Initial screening across a universe of 5,000+ companies

  • Multi-stage filtering across financial strength, sector alignment, and operational quality

  • In-depth fundamental analysis on a refined set of opportunities

  • Final portfolio of 15–25 high-conviction positions across 6–8 sectors

The proprietary process is designed to identify scalable businesses with strong growth visibility, while maintaining discipline in portfolio construction.

Investment Philosophy

The strategy applies a value-investing framework to high-growth businesses.

  • Fundamental analysis anchors conviction in business quality and competitive positioning

  • Growth is evaluated relative to price, with disciplined entry frameworks

  • Downside is assessed upfront, with a focus on balance sheet strength and governance

  • Investments are made with a multi-year horizon, using volatility as an opportunity to build positions

This philosophy combines disciplined inquiry, valuation rigor, and patience to convert market volatility into long-term returns.

Risk Framework

Risk management is embedded throughout the investment lifecycle, with a clear focus on capital preservation across cycles.

  • Portfolio Construction: A concentrated portfolio is constructed with disciplined position sizing of 3–5% per holding, diversified across sectors, and designed with liquidity in mind, including selective exposure to unlisted opportunities.

  • Company Selection & Governance: Investments are limited to businesses demonstrating strong profitability, consistent cash flow visibility, capital efficiency, and high governance standards, supported by promoter alignment and detailed financial scrutiny, including forensic analysis for larger positions.

  • Valuation & Exit Discipline: Capital deployment and exit decisions are guided by structured valuation frameworks, with continuous monitoring to ensure alignment between price and underlying fundamentals.

  • Liquidity & Monitoring:The portfolio is actively managed through liquidity discipline and tactical cash allocation, supported by ongoing monitoring with defined escalation triggers for risk events.