Team

Mario Frontini is the chief investment officer and portfolio manager of the fund. He is assisted by a 5 people strong analyst team, including Stefano Giuliani, Sam Myhrman, Flavien Reille and Moa Strand. The team, all London based, also includes Davide Perilli as risk manager and Jay Tanna as responsible for the middle office operations. Rishi Ramanah is chief operating officer of Sator Capital Limited and is also responsible for investor relations.

Investment Approach and Process

The fund’s investment approach is bottom-up and research-intensive with frequent meetings with company management. The investment process will focus on selecting stocks that trade at a discount to the intrinsic value of the business, according to various valuation metrics, which are assessed through evaluation of the current and future prospects of the business.

Undervaluation (or overvaluation) opportunities are likely to emerge wheneverdetailed company research provides a different view than consensus on fundamentals or change and restructuring potential is underestimated by investors.

The fund aims to limited market exposure (and no directionality to equity markets) and all short exposure is in single names positions.