- SVN Capital constructs a concentrated, global value equity portfolio designed to achieve capital appreciation by minimizing risk and avoiding permanent loss of capital.
- Our portfolio is well-endowed with capital-light businesses. For example, all the software businesses—Automatic Bank Services in Israel, Evolution AB in Sweden, LiveChat Software in Poland, and Intuit here in the US—are capital-light.
- Fund’s portfolio returned 16.7% gross and 15.3% net of all fees in the first half of 2021. Your return will be different depending upon when you invested.
For further details see:
SVN Capital Investor Letter - First Half 2021