Strategic investments.
Quality returns.

We see what the market misses. We Wait. We act with conviction.

Our funds

2002

FOUNDED

11% p.a.

SIA LTIF CLASSIC · 15 yrs.

9 countries

UCITS DISTRIBUTION

Pictet

CUSTODIAN LUXEMBOURG

The paradox that define us

Institutional depth. Boutique independence.

Our Philosophy

Eagle vision

120.000 companies screened. Only the best make the cut.

Patient discipline

Our horizon is “forever”. We never chase momentum.

Decisive action

When the opportunity is clear, we act. No hesitation.

Aligned interests

All partners invest their own capital alongside yours.

Three strategies. One discipline

UCITS V · Luxembourg · Daily NAV · 9 countries

Our funds

Global equity

High-quality global businesses bought at a discount to intrinsic value.

Natural resources

Strategic value across energy, mining, infrastructure and agrifood.

Multi-fund

Wealth preservation through alpha generation and capital protection.

Our investment frameworks – The 4Gs

Good businesses

Durable competitive advantages. Returns above cost of capital.

Good managers

Owner mindset. Integrity as a non-negotiable standard.

Good balance sheets

Conservative. Low debt. Capital allocated with discipline.

Good price

DCF-valued. We only buy with a real margin of safety.

An Investment Committee with 30+ years of experience, all invested alongside you.

Every member of the IC invests their own capital in the same funds as our clients. We see this as a long term partnership, sharing the same interests as everyone who invests with us.

Team page

Marcos Hernández

CIO · Managing Partner

30+ years · Merrill Lynch

Alex Rauchenstein

Managing Partner

30+ years · UBS

Urs Marti

Partner · Director

30+ years · Zulauf AM

Prof. J.C. Jarillo

Founding Partner

Harvard DBA · 2002