A quality, high-conviction global fund
with a long-term focus

We own a concentrated portfolio of no more than 15 businesses - each selected for its durable competitive advantages, resilient earnings, financial strength and proven management teams.

Established in 2011, the Claremont Global Fund has a fifteen-year track record of investing in high-quality businesses and currently manages approximately $1 billion in assets.

We are disciplined on valuation. Every investment is made at a discount to our assessment of intrinsic value, providing investors both a margin of safety and upside potential. Our approach is to acquire the highest quality businesses at a fair price and hold them for the long term. We target a return of 8-12 per cent per annum over an investment cycle, which we define as five to seven years.

What We Look For

We look for companies that deliver strong organic revenue growth, rather than growth driven by cost-cutting, serial acquisitions or debt funded share repurchases. We favour high-margin, capital light businesses that earn consistently high returns on invested capital. We seek robust balance sheets that protect capital in difficult times and allow companies to be opportunistic when opportunities arise. We want management teams with a resolute focus on their company's core competitive advantage and a track record of rational capital allocation.

What We Don't Do

We do not make investment decisions based on macroeconomic or political forecasts - be it interest rates, commodity prices, industrial production, or regulatory and political developments. We do not own complex, highly regulated, or cyclical businesses, nor do we own turnarounds. We do not use options, leverage, or derivatives to enhance returns.

As a result, we take the time to deeply understand our companies, building a collective knowledge of their industries, competitive positioning, management teams and competitors. We then wait patiently until the market provides a fair entry point.