Listed Equities

Primoat invests in a concentrated portfolio of approximately 20 to 30 high-quality businesses worldwide. The strategy is long-term in nature and avoids frequent trading activity, maintaining a structurally low turnover.

Investment ideas are developed through bottom-up fundamental research, with a focus on understanding each business’s economics, competitive position, and capacity to compound value over time.

These criteria are intended to identify:

• High-quality businesses capable of delivering high returns on invested capital;
• Businesses with unique, hard-to-replicate competitive advantages;
• Companies that achieve strong returns without significant leverage;
• Businesses with substantial potential for growth;
• Businesses that are considered attractively valued in the market.

Venture Arm

More recently, Primoat has expanded its activities by establishing a dedicated venture arm focused on investing in high-quality early-stage businesses.

The venture strategy applies the same fundamental research philosophy to private markets, seeking businesses with strong underlying economics, differentiated competitive advantages, significant growth potential, and the ability to compound value over time.