I am happy to announce that I have raised a modest amount of external seed capital for my maiden fund, which I have called Eyquem Global Value (“Eyquem” is Montaigne’s last name). The fund started trading on 1 April, but I didn’t announce it then for the obvious reason. The fund will be pursuing a deep value investment strategy with a focus on capital preservation. Often this will mean the fund is invested in special situations like liquidations, turnarounds and activist and private equity targets, but I’m not limiting the fund to that universe; I’m prepared to invest anywhere I can find overwhelming value at a good price.
Greenbackd will continue in its present format.
Update: Thank you all for the kind comments and emails.
Way to go! I agree with your post on the market being expensive…. hopefully it comes in a bit Before you deploy your $$$$$$$$$ for new longs!
(cigar butt’s are pretty scarce these days)
All the best,
Nick Levis
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Congratulations.
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Wow fantastic. Best wishes and success in your fund.
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Congrats. Please let us know if and how we can help with the success of the fund. You’ve been giving so much to us for free so it’s only right that we now offer our help.
Best
John
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Wow fantastic. Best wishes and success with the fund.
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Congrats, well deserved! Keep us posted on any interesting developments and best of luck with the fund. Loved the Montaigne reference as well, as I’ve always been fascinated by how people select their fund names. Would be great to hear more about it some time.
Jay
@marketfolly
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Congratulations.
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cheers! you going to be long short or just long?
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How to invest in the fund ?
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Congratulations G. May volatility always break your way.
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Congratulations, all the best to you.
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congrats!
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Congratulations and best of luck to you!
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Congrats. Absolutely love the Montaigne reference.
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Congrats & Bravo!
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Congratulations and all the best to you in your endeavour. I think you have decided to pursue something that you are passionate about and, hopefully, that’ll give you an edge.
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Congratulations!
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Definitely the right place for your skills. Well done.
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Congratulations!
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Congrats!
I wish you all the best with this initiative. I know how exciting this can be as I just started my own value investment fund here in the Netherlands.
Let me know if you want to exchange knowledge/ideas (besides your announced newsletter/website).
Best,
Sjoerd
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