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Avenir Capital FY16 Update: Portfolio Grew by 30%, Delivered Gross Returns of 17%, Attractive Long-Term Returns for Investors

  • Published July 12, 2016 3:54PM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

Avenir Capital, has now been operating for 5 years and delivered gross returns of 17% per annum. The companies in our current portfolio grew operating income, on average, by 30% in 2015 (median growth of 25%) and have continued that growth in 2016. The portfolio trades at what we believe to be attractive prices of roughly 7 times operating income and has the potential for ~60% upside based on our intrinsic valuation.

Avenir continues to seek to generate attractive long-term returns for our investors via investing in fundamental, value oriented and special situation investments in global equity markets.

ABOUT AVENIR CAPITAL

Avenir is a specialist global equities funds manager. Our core philosophy is to invest in quality businesses with growth propects for the long term. Through fundamental, value-based research and analysis our aim is to acquire long-term assets that due to special circumstances and/or internal/external “change” can be acquired at a significant discount to their current or future intrinsic value.

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