- Tollymore is a partnership which manages capital on behalf of its principals and a small, special cohort of investment partners who have demonstrated the ability to think unconventionally.
- £1 invested in Tollymore at inception was worth £3.58 on 31 December 2020, after expenses but before fees paid to Tollymore. Over the same period £1 invested in the MSCI All Country World Index would have generated a return of 87p.
- This letter discusses why we think two of our holding companies are uniquely positioned to become operating systems of their respective fields.
- Our most recent investment has quietly but purposefully been building the means to be the operating system of multi-brand, omnichannel retail in the UK and beyond. We acquired an interest in Next plc for £66 per share last quarter.
For further details see:
Tollymore Investment Partners Letter - December 2020